AGM Results and Notice of Special Meeting

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

25 June 2010: Galantas Gold Corporation (the "Company") (TSXV : GAL, AIM : GAL), a company holding a 100% interest in Ireland's only operating gold mine, confirms that all the resolutions put to shareholders at the Company's Annual and Special Meeting of Shareholders, held on June 22nd, 2010, were duly passed.

Notice of Meeting has been sent to shareholders of the Company for a Special Meeting of the shareholders to be held on Friday, July 9th, 2010. The purpose of the meeting is for the shareholders to consider allowing Kenglo One Ltd to become a "control person" of the Company (within the meaning of the rules and policies of the TSX Venture Exchange) by way of a private placement. Disinterested shareholder approval is required for the issuance of up to 29,000,000 units pursuant to the Private Placement as described in press releases dated June 3rd, 2010 and June 8th, 2010.

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 press release, required by applicable Canadian securities law, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

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".