Galantas Gold Corporation

GAL

CA36315W3012

Gold

Market Closed - Toronto S.E. Other stock markets 20:58:24 28/05/2024 BST			5-day change	1st Jan Change
0.15 ^CAD	-6.25%		-31.82%	-33.33%

05-28	NetScientific backs Wanda; Inspirit Energy wins deal	AN
05-28	Galantas Gold Plans to Drill Kearney North Target at Omagh Project in Northern Ireland; Shares Were Up 18% in UK	MT

Galantas Gold reports narrowed interim loss as costs reduce

August 29, 2023 at 01:58 pm

(Correcting that Galantas Gold Corp's results were reported in CAD, not USD).

Galantas Gold Corp - owner and operator of a open pit gold mine in County Tyrone, Northern Ireland - Reports a net loss of CAD2.7 million - around GBP1.6 million- in the first half of 2023, narrowed from a loss of CAD3.0 million the year prior. Narrowed loss comes as the company's cost and expenses of operations reduce to CAD378,190 from CAD392,501 and firm records a foreign exchange loss of CAD59,720 compared to a gain the year prior. Reports no revenue, unchanged from a year prior.

Current stock price: 15.00 pence, down 3.2% in London on Tuesday afternoon

12-month change: down 59%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Galantas Gold Corporation

NetScientific backs Wanda; Inspirit Energy wins deal	05-28	AN
Galantas Gold Plans to Drill Kearney North Target at Omagh Project in Northern Ireland; Shares Were Up 18% in UK	05-28	MT
Galantas Gold Plans Drilling at Omagh Project in Northern Ireland	05-28	MT
Quadrise inks deal with Moroccan client	05-28	AN
Galantas Gold Corporation Plans to Drill Key Target Area North of the Omagh Mine Site	05-28	CI
EARNINGS: LSL starts 2024 "strongly"; Focusrite maintains payout	04-25	AN
Correction: Earnings Flash (GAL.L) GALANTAS GOLD Reports FY23 Loss CA$-0.08	04-25	MT
Earnings Flash (GAL.L) GALANTAS GOLD Reports FY23 Loss $-0.08	04-25	MT
Galantas Gold Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	04-25	CI
Galantas Gold Gains Near 6% As Outlines Latest Exploration Results At Omagh Project	03-06	MT
Galantas Gold Outlines Latest Exploration Results At Omagh Project; Shares Up 16% In UK Trading	03-06	MT
Galantas Gold Corporation Announces Geophysical Results for Key Exploration Target	03-06	CI
Galantas Gold Corporation Announces Geophysical Results for Key Exploration Target Area and Planning Approval for New Drilling Program At the Joshua Vein At Omagh Project	03-06	CI
StreaksAI CEO Blows resigns, replaced by chair	03-04	AN
Galantas Gold Starts a Sampling Program at its Gairloch Project in Scotland	03-04	MT
Galantas Gold Corporation Provides an Update on the Gairloch Project in Scotland	03-04	CI
Smartspace extends deadline; EDX launches fundraising	02-06	AN
Galantas Gold Settles $3 Million Debt With Creditor	02-06	MT
Galantas Gold Concludes Placement of $3 Million Unsecured Convertible Debentures	12-21	MT
Galantas Gold Corporation announced that it has received $2.627 million in funding from Ocean Partners UK Limited	12-19	CI
Galantas Gold Nears Completion of $3 Million Private Placement of Convertible Debentures	12-06	MT
Galantas Gold Loses 9% As Trims Q3 Loss YOY	11-29	MT
Galantas Gold third quarter loss narrows on lower costs	11-29	AN
Galantas Gold Trims Q3 Loss YOY	11-29	MT
Galantas Gold Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-28	CI

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Company Profile

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.

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Gold

Calendar

24/06/2024 - Annual General Meeting

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