Galantas Gold Corporation
TSX VENTURE : GAL
AIM : GAL

Galantas Gold Corporation

November 24, 2006 09:00 ET

Galantas Gold Corporation: Press Release

TORONTO, ONTARIO--(CCNMatthews - Nov. 24, 2006) - Galantas Gold Corporation ('Galantas' or the 'Company')(TSX VENTURE:GAL)(AIM:GAL), announces that it has applied for 14,000,000 common shares of no par value to be admitted to trading on AIM. The shares were issued pursuant to a private placement completed by the Company earlier this year, and as announced on 28 July 2006. These shares will rank pari passu with the existing ordinary shares of the Company, and are expected to commence trading on 27 November 2006.

Issued and Outstanding Shares total 157,851,855

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
    Email: info@galantas.com
    Website: www.galantas.com
    or
    Bishopsgate Communications Ltd.
    Dominic Barretto or Nick Rome
    +44 (0) 207 430 1600
    Website: www.bishopsgatecommunications.com
    or
    ARM Corporate Finance Limited
    Nick Harriss
    +44 (0) 20 7512 0191
    or
    Lewis Charles Securities Limited.
    David Scott
    +44 (0) 20 7065 1150