this is the week we see some actionfrom press release The Company has made material progress towards the disbursal of the US$5,000,000 secured loan facility with Barak Fund SPC Limited previously announced on March 5, 2018. The Company is working through the various conditions precedent and documentation with respect to the facility and anticipates first drawdown on the facility early in the third quarter of 2018. As a result of such progress, the Company and Barak have entered into an addendum to the loan agreement to extend the expected closing date to on or before July 31, 2018. Galane Gold CEO, Nick Brodie commented: We are very pleased to announce the restructuring of Traxys Debenture to match when we are planning for the Galaxy project to be in full production. In addition we are pleased to be nearing completion of the conditions for the draw-down of the debt facility provided by Barak Fund and expect to be able to provide further updates with respect to the re-start of Galaxy in the near future.