18 May 2022. Galantas Gold Corporation (“TSX-V: GAL; AIM: GAL) (“Galantas” or the “Company”) reports that it received notification on 17 May 2022 that on 17 May 2022 Mario Stifano, CEO, bought 20,000 common shares of nil par value (“Common Shares”) at price of C$0.49 per Common Share and that on 16 May 2021 he bought 50,000 common shares at an average price C$0.49, representing a combined total of 0.08% of the Company’s issued ordinary share capital. Following these transactions, Mr Stifano’s interest in the Company is 370,499 Common Shares representing 0.45% of the Company’s total voting rights.
Further details of the PDMR dealings are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Enquiries
Galantas Gold Corporation
Mario Stifano: Chief Executive Officer
Email: info@galantas.com
Website: www.galantas.com
Telephone: +44 (0) 2882 241100
Grant Thornton UK LLP (AIM Nomad)
Philip Secrett, Harrison Clarke, George Grainger
Telephone: +44(0)20 7383 5100
Panmure Gordon & Co (AIM Broker & Corporate Adviser)
Hugh Rich
Telephone: +44(0)20 7886 2500
(UK) DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | Mario Stifano |
| 2. | Reason for the notification | |
| a) | Position/status: | Chief Executive Officer |
| b) | Initial notification/Amendment: | Initial Notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name: | Galantas Gold Corporation |
| b) | LEI: | LEI: 213800JKVPLLKO4KVB93 |
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument type of instrumentIdentification Code | Common Shares of nil par valueISIN: CA36315W2022 |
| b) | Nature of the transaction | Purchase of shares |
| c) | Price(s) and volume | PriceVolumeC$ 0.4920,000C$ 0.48610,000C$ 0.4910,000C$ 0.48508330,000 |
| d) | Aggregated information | 70,000 at a price of C$ 0.49 |
| e) | Date of the transaction | 17 May 2022 – 20,000 16 May 2022 – 50,000 |
| f) | Place of the transaction | Toronto Stock Exchange |