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Galantas Gold Provides Update on Non-Brokered Private Placement
TORONTO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") announces that, further to i
About this update from Galantas Gold Corporation
[{"type":"text","content":" TORONTO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (\"Galantas\" or the \"Company\") announces that, further to its news release dated November 9, 2023, the Company now expects its proposed non-brokered private placement of up to US$3,000,000 aggregate principal amount of unsecured convertible debentures of the Company to close during the week of December 11, 2023 (the \"Offering\"). The Offering remains subject to the acceptance of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a four-month hold period under applicable Canadian securities laws. For more information about the Offering, please refer to the Company's news release dated November 9, 2023 entitled \"Galantas Gold Announces up to US$3.0 Million Private Placement of Unsecured Convertible Debentures\" available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. The securities offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities law, and may not be offered or sold in the United States absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. About Galantas Gold Corporation Galantas Gold Corporation is a Canadian public company that trades on the TSXV and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the OTCQX Exchange under the symbol GALKF. The Company's strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project hosting the Kerry Road gold-bearing VMS deposit in Scotland. Enquiries Galantas Gold CorporationMario Stifano: Chief Executive OfficerEmail: [email protected] Website: www.galantas.com Telephone: +44(0)28 8224 1100 Grant Thornton UK LLP (AIM Nomad)Philip Secrett, Harrison Clarke, Enzo AliajTelephone: +44(0)20 7383 5100 SP Angel Corporate Finance LLP (AIM Broker)David Hignell, Charlie Bouverat (Corporate Finance)Grant Barker (Sales & Broking) Telephone: +44(0)20 3470 0470 Forward-...