Galantas Gold Corporation
TSX VENTURE : GAL

Galantas Gold Corporation

October 20, 2005 10:47 ET

Galantas Appoints Nominated Advisor for London's AIM Market

OMAGH, NORTHERN IRELAND and TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2005) - Galantas (TSX VENTURE:GAL) announced today that it has appointed ARM Corporate Finance as Nominated Advisor to the company in respect of a proposed listing on London's AIM market.

The Nominated Advisor (NOMAD) has a regulatory role in that it warrants to the London Stock Exchange that a company is appropriate for joining and continuing to be listed on AIM.

A secondary London listing is considered appropriate as it will provide greater accessibility to UK, Irish & European funds and private investors.

Galantas Gold Corporation is building Ireland's first gold mine, with production scheduled for Spring 2006. The corporate aim is to increase the resource base on the property through exploration and mine development, to expand mine production in stages, and to add value to the Company's production by marketing and selling certified Galantas™ Irish gold jewellery.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Contact Information

  • Galantas Gold Corporation
    Jack Gunter P.Eng
    Executive Chairman
    +44 (0) 2882 241100
    or
    Galantas Gold Corporation
    Roland Phelps C.Eng
    President & CEO
    +44 (0) 2882 241100
    or
    Galantas Gold Corporation
    Moe Lavigne P.Geo
    Vice President
    +44 (0) 2882 241100
    info@galantas.com
    www.galantas.com