| | Galantas Gold Corporation today filed Annual Accounts and Management, Discussion and Analysis for the year ending 31st December 2006, on www.sedar.com, www.londonstockexchange.co.uk and copied on www.galantas.com .
Highlights included the following :-
As At December 31st 2006, Canadian $
Current Assets include
Cash |
|
$234,909 |
| |
|
|
Property, Plant & Equipment |
|
$6,110,357 |
| |
|
|
| Total Assets |
|
$15,559,278 |
| |
|
|
| Liabilities Total |
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$2,132,980 |
| |
|
|
| Loss before Income Taxes |
|
$1,290,750 |
| ` |
|
|
| Net Loss (after future income tax recovery) |
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$995,250 |
| |
|
|
| End of Period Deficit |
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$11,794,287 |
| |
|
|
| Basic and diluted loss per share |
|
$0.01 |
| |
|
|
| Weighted average number of shares |
|
|
| Outstanding for 2006 |
|
145,930,481 |
| |
|
|
| Readers are directed to the accounts as filed for notes and detail that relate to results as highlighted. |
Galantas Gold Corporation Issued and Outstanding Shares total 167,535,855.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
Galantas Gold Corporation
Jack Gunter P.Eng – Executive Chairman
Roland Phelps C.Eng – President & CEO
Moe Lavigne P.Geo – Vice President
Email: info@galantas.com
Website: www.galantas.com
Telephone: +44 (0) 2882 241100
ARM Corporate Finance Limited
Nick Harriss
Telephone: +44 (0) 20 7512 0191
Lewis Charles Securities Limited.
David Scott
Telephone: +44 (0) 20 7065 1150
|
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