Change of Name of Nominated Adviser

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 28 August 2011.

Galantas announces that Blomfield Corporate Finance Limited, the Company's Nominated Adviser, has changed its name to Religare Capital Markets (UK) Limited - trading as Religare Capital Markets.

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.