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Galantas Gold Announces Updated Mineral Resource Estimate at Andacollo Project and Provides Notice of Meeting and Record Date for the Special Meeting to Approve Its Acquisition
TORONTO, May 04, 2026 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (“Galantas” or the “Company”) (TSX-V: GAL | AIM: GAL) is pleased to announce that it has
About this update from Galantas Gold Corporation
[{"type":"text","content":" TORONTO, May 04, 2026 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (“Galantas” or the “Company”) (TSX-V: GAL | AIM: GAL) is pleased to announce that it has filed a technical report (the “Andacollo Technical Report”) containing an updated mineral resource estimate for the Andacollo Oro Gold Project (the “Andacollo Project”). The Andacollo Technical Report titled “Mineral Resource Estimate Update, Andacollo Oro Gold Project, Coquimbo Region, Chile”, with an effective date of February 1, 2026, was prepared by Ryan Wilson, P.Geo., Matthew Halliday, P.Geo., David Frost, FAusIMM, and Ghislain Prévost, P.Eng. of DRA Americas Inc. (“DRA”), in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). A copy of the Andacollo Technical Report is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. In addition, Galantas announces that it has filed the required notice setting the record and meeting dates in respect of the special meeting of shareholders (the “Meeting”) to consider the previously announced transaction to acquire all of the issued and outstanding shares of Sol de Oro Mining Ltd. (“Sol”) from Robert Sedgemore, which indirectly holds a 100% interest in the Andacollo Project (the “Transaction”). The record date for determination of shareholders eligible to vote at the Meeting is set as May 12, 2026, and the Meeting will be convened on Monday, June 15, 2026. The management information circular in respect of the Meeting (the “Circular”) is expected to be mailed and filed following the record date. Further details relating to the Transaction and the Meeting, including the location of the Meeting and manner of voting, will be contained in the Circular. Shareholders are cautioned that the Andacollo Project is not currently owned by the Company and Galantas’ interest in the Andacollo Project remains subject to completion of the Transaction. Galantas has received conditional approval from the TSX Venture Exchange (the “TSXV”) with respect to the completion of the Transaction, which requires Galantas to submit certain customary documents and information to the TSXV prior to completing the Transaction, including, among other things, evidence of disinterested shareholder approval in accordance with the policies of the TSXV. The Transaction is expected to be completed in June 2026,...