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Galantas Gold Corp V.GAL

Alternate Symbol(s):  GALKF

Galantas Gold Corporation is a Canada-based company, which is 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 volcanogenic massive sulfide (VMS) deposit in Scotland. The Company's projects include Omagh Project and Gairloch Project. The Omagh Project is situated within an approximately 189 square kilometer (km2) license area, which lies 1.5 hours drive west of Belfast, in Northern Ireland. The Company holds approximately seven exploration licenses over an area of around 596.7 km2. The Company holds exploration and developments rights to the Gairloch Project, an approximately 217 km2 mineral license area in Scotland that covers the Gairloch Schist Belt. VMS deposits are major sources of zinc, copper, lead, silver and gold. They often form in clusters in areas of ancient underwater volcanic activity. Its subsidiary is Cavanacaw Corporation.


TSXV:GAL - Post by User

Post by Betteryear2on May 15, 2023 11:11am
270 Views
Post# 35448259

Eric Sprott Announces Changes to His Holdings V.GAL

Eric Sprott Announces Changes to His Holdings V.GALToronto, Ontario--(Newsfile Corp. - May 15, 2023) - Eric Sprott announces that on May 14, 2023, 3,833,333 common share purchase warrants (Warrants) of Galantas Gold Corporation., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in control of approximately 6.5% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 10,166.667 Shares and 4,500,000 Warrants representing approximately 8.9% of the outstanding Shares on a non-diluted basis and 12.3% on a partially-diluted basis assuming the exercise of such Warrants.

Eric Sprott Announces Changes to His Holdings in Galantas Gold Corporation (newsfilecorp.com)
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