
Galantas Gold Corporation (TSX-V:GAL) (AIM: GAL) (OTCQX: GALKF) announces the closing of the loan agreement for US$1.06 million with Ocean Partners UK Ltd.
Terms of the Loan Agreement, as previously announced on January 25, 2022:
Proceeds from the Loan will be used for further development of the Omagh Gold Project in Northern Ireland and working capital.
TSX Venture Exchange approval has been obtained under the TSXV Policy 5.1 – Loans, Loan Bonuses, Finder’s Fees and Commissions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Galantas Gold Corporation
Galantas Gold Corporation is a Canadian public company that trades on the TSX-Venture Exchange and the London Stock Exchange AIM market. It also trades on the OTCQX Exchange. The Company’s strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland.
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We acknowledge the [financial] support of the Government of Canada.