Galantas Gold Corp - GALANTAS INCREASES PROPOSED PRIVATE PLACEMENT
TSXV - "GAL" - AIM
GALANTAS INCREASES PROPOSED PRIVATE PLACEMENT
The net proceeds to be raised by the Private Placement are intended to be used to support mine operations and provide general working capital for the Company.
The Private Placement is expected to include funds raised in both
A further announcement will be made in due course detailing the results of the Private Placement, which is subject to TSXV and regulatory approval.
The gold mine at Omagh continues to deliver limited production of gold concentrate, from the processing of low grade stock. The processing plant uses a non-toxic flotation process to produce concentrates, without the use of cyanide or mercury. It satisfies strict environmental monitoring criteria set by the
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
This information is provided by RNS, the news service of the
Quick facts: Galantas Gold Corp
Market Cap: £6.42 m
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