news

Planning Appeal Hearing Completes

GALANTAS GOLD CORPORATION

TSXV and AIM:  Stock Symbol – ’GAL’

COURT OF APPEAL COMPLETES HEARING ON GALANTAS PLANNING APPEAL

February 16, 2018.  Galantas Gold Corporation (the “Company”), the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, has been advised that an appeal brought by a third party against its planning consent has completed the hearing stage.

The Court of Appeal at the Royal Courts of Justice in Belfast, Northern Ireland heard the appeal against a Judicial Review decision that upheld the Department for Environment Northern Ireland (now Department for Infrastructure) grant of planning consent for an underground mine on the former open-pit gold-mine site. The Court will deliver its judgement at a later date, currently unknown.

The mine is in underground development and is currently undergoing infrastructure improvements to accommodate an increase in the development rate.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries : Galantas Gold Corporation
L. Jack Gunter P.Eng – Chairman,  Roland Phelps C.Eng – President & CEO

Email: info@galantas.com  Telephone: (UK) +44 (0) 2882 241100

Website: www.galantas.com 

 

Grant Thornton UK LLP (Nomad)

Philip Secrett, Richard Tonthat: Telephone: +44(0)20 7383 5100

 

Whitman Howard  Ltd (Broker & Corporate Adviser)

Nick Lovering, Grant Barker: Telephone: +44(0)20 7659 1234

Share Price

TSX-V (CDN $): 0.09

AIM (£ p): 4.875

Gold Price (oz)

USD : 1,272.50

GBP : 960.99

The figures presented here are for informational purposes of current trends only and should not be considered an exact count

This page and other parts of the website contain statements relating to the intentions of the management to develop mine production and jewellery production. Such statements are forward looking and readers are cautioned that these statements are subject to risk and uncertainties as further detailed in quarterly Management Discussion and Analysis published on www.sedar.com

Approved for website uploading : R.Phelps