Galantas Gold Corporation (the Company) :
Management, Directors and Advisors

Executive Directors

Roland Phelps C.Eng MIMMM, President & CEO
Mr. Phelps graduated from Leeds University in 1976 and is a qualified Chartered Mining Engineer and Registrant of the Engineering Council. He has worked in Canada in precious / base metal mining and major mining engineering projects. He has held senior mine management positions in the UK. He is a director and founder of Welsh Gold plc (a small mining company and prestige jewellery brand). He has other investment interests in property and construction.

L. Jack Gunter P.Eng , Chairman, (Member of Audit Committee)
Mr. Gunter is a Licensed Professional Engineer of the Province of Ontario, Canada. He graduated in 1965 with a B.Sc (Geological Engineering) from the Michigan Technological University. He is qualified as a mining technologist from the Provincial Institute of Mining at Haileybury, Ontario and is a fellow of the Institute of Materials Minerals and Mining. Mr Gunter has been in the mining industry for over 40 years, including 8 years with Phelps Dodge Corporation and 14 years from 1975 with the RTZ Corporation, headquartered mainly out of the United Kingdom. Mr. Gunter has an intimate knowledge of the gold deposits at Omagh having been the responsible executive of the RTZ group of companies that discovered and evaluated them. He later founded Omagh Minerals Ltd which acquired the gold deposits, steering it through its initial phase of development and the public enquiry which led to the granting of planning consent for the development of the Omagh Mine.

Non Executive Directors

R. Alexander P.Eng (Member of Audit Committee, Compensation and Corporate Governance Committee)
Mr.Alexander is an independent petroleum industry consultant and President of Detector Explorations Ltd., and of Shunex resources Ltd.

N. Brewster P.Geo (Member of Compensation and Corporate Governance Committee)
Mr. Brewster has 35 years experience in the mining industry, mostly in international exploration, the last 10 of which relate to the diamond exploration industry. He graduated from Acadia University in Nova Scotia in 1969 with a B.Sc. in geology followed by a 1971 B.Ed degree. Upon graduation he joined ACA Howe in Canada, where he became a partner in the firm and subsequently Managing Director and Head of North American projects for the period 1978-1983. Mr Brewster left ACA Howe in 1983, incorporating his own consulting company, Minroc Management Ltd. Mr Brewster is a Member of the Association of Professional Geologists of Ontario and a Fellow of the Geological Society of Canada.

James Clancy CPA (Chairman of Audit Committee) (Member of Compensation and Corporate Governance Committee)
Mr Clancy graduated with a honours B.Comm from the University of Toronto in 1970. He achieved his CA designation from the Canadian Institute of Chartered Accountants in 1972. During the majority of his career he has held executive positions (controller, CFO and general manager) with companies in the construction industry in Canada, the U.S. and internationally. For the past seven years he has operated his own consulting firm specilising in offering financial expertise to the construction industry.

James I Golla (Member of Audit Committee) (Chairman of Compensation and Corporate Governance Committee)
Mr. Golla has been a director of Altair Nanotechnologies since 1994. He has also served as a director of Apogee Minerals Ltd and Barton Bay Resources Inc. Mr Golla was a journalist with Globe and Mail, Canada's national newspaper, from 1954 until his retirement in 1997.

Please refer to the AIM listing document linked below for biographies of Directors

Technical Team
Karl Martin : Mine and Construction Manager
June Kazcmarek : Financial Administrator

Please see “Contact Us for Executive Office address

Company Secretary
George Duguay
Suite 500
360 Bay Street
Toronto, ON
M5H 2V6

Technical Consultants
Geological : ACA Howe International
Pond / Cell Construction and Pit Slope stability : SRK Consulting
Pit Slope Stability : SRK Consulting

AIM Nominated Advisor
Blomfield Corporate Finance Limited
12 Pepper Street, London E14 9RP
Tel : +44 (0)207 512 0191
Contact : Nick Harriss
www.armcf.com

AIM Broker
Lewis Charles Securities
4-7 Chiswell Street, London EC1Y 4UP
Tel : +44 (0)207 065 1152
www.lewischarles.com

AIM is the London Stock Exchange's international market for smaller growing companies.
http://www.londonstockexchange.co.uk/en-gb/products/companyservices/ourmarkets/aim_new/About+AIM/

Counsel to the Company in Canada
McMillan Binch LLP
BEC Place Suite 4400, Bay Wellington Tower,
181 Bay Street Toronto, Ontario M5J 2T3 Canada

Solicitors to the Company in England
Cobbetts LLP
Ship Canal House, King Street
Manchester M2 4WB United Kingdom

Solicitors to the Company in Northern Ireland
Elliott Duffy Garrett
34 Upper Queen Street
Belfast BT1 6FD
Northern Ireland

Canadian Registrar – Transfer Agent
Equity Transfer & Trust Company
200 University Avenue, Suite 400
Toronto ON M5H 4H1
Toll Free: 1 (866) 393-4891
Tel: (416) 361-0152

Jersey Registrar
Capita IRG (Offshore) Limited
Victoria Chambers, Liberation Square
1/3 The Esplanade, St Helier
Jersey

UK Depositary
Capita IRG Trustees Limited
The Registry, 34 Beckenham Road
Beckenham, Kent BR3 4TU
United Kingdom

Auditors to the Company
Smith, Nixon & Co LLP
Suite 1900, 390 Bay Street
Toronto, Ontario M5H 2Y2
Canada

AIM Admission document
GalantasAdmissionDocument.pdf
Disclosure information is also available on www.sedar.com .

Committees of the board of directors and their responsibilities

The Company complies with the corporate governance regime of Canada, , being its country of incorporation. The company's main country of operation is Northern Ireland . In addition, the directors acknowledge the importance of the Combined Code. They therefore intend to comply with the Combined Code so far as is appropriate having regard to the size and nature of the Company.

Audit Committee

An audit committee comprising three or more directors, to be designated from time to time by the board, one of whom shall be designated as chair. Since admission to AIM Messrs Clancy, Alexander and Gunter sit on the Audit committee and James Clancy is appointed as Chair.

The duties of the audit committee include (inter alia) the monitoring and assessment of the relationship between the management of the Company and the external auditors, and monitor and support the independence and objectivity of the external auditors.

Compensation and Corporate Governance committee

A compensation and corporate governance committee comprising of Messrs Golla, Alexander and Brewster, and chaired by Mr. Golla, has no specific charter or terms of reference, but is charged with reviewing and assessing the remuneration paid to the management and executive directors in addition to guiding and reviewing the granting of stock options. The compensation and corporate governance committee is also responsible for reviewing the Company's compliance requirements