TSX Venture Exchange GAL
TORONTO, Sept. 30 /CNW/ - Mr. L. J. (Jack) Gunter, Director and Executive
Chairman, announced that he has bought 105,000 common shares of Galantas Gold
Corporation ("Galantas") (TSX-V: GAL). As a consequence of the purchase,
Mr. Gunter owns approximately 13.5 % of the issued and outstanding common
shares of Galantas on a partially diluted basis (assuming full exercise of
options and warrants).
Galantas Gold Corporation is building Ireland's first gold mine, with
production scheduled for Spring 2006. The corporate aim is to increase the
resource base on the property through exploration and mine development, to
expand mine production in stages, and to add value to the Company's production
by marketing and selling certified Galantas (TM) Irish gold jewellery. The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of the contents of this news release.
This press release includes certain "Forward-Looking Statements" within
the meaning of the US Private Securities Reform Act of 1995. Other than
statements of historical fact, all statements are "Forward-Looking Statements"
that involve such various known and unknown risks, uncertainties and other
factors. There can be no assurance that such statements will prove accurate.
Results and future events could differ materially from those anticipated in
such statements. Readers of this press release are cautioned not to place
undue reliance on these "Forward-Looking Statements".
