News

PDMR Share Dealings

June 21, 2021

June 21, 2021. Galantas Gold Corporation ("TSX-V: GAL; AIM: GAL) ("Galantas" or the "Company") reports that it received notification on 18 June 2021 that on 17 June 2021 and 18 June 2021:

Mario Stifano, CEO, bought 12,000 common shares of nil par value ("Common Shares") at an average price of C$0.71 per Common Share, representing 0.02% of the Company's issued ordinary share capital. Following these transactions, Mr Stifano's interest in the Company is 178,666 Common Shares representing 0.24% of the Company's total voting rights.

The Company also reports that it received notification on 28 May 2021 that on 28 May 2021:

Alan Buckley, CFO bought 51,459 Common Shares at a price of £0.41 per Common Share, representing 0.07% of the Company's issued ordinary share capital. Following these transactions, Mr Buckley's interest in the Company is 134,793 Common Shares representing 0.18% of the Company's total voting rights.

The notifications set out below, made pursuant to Article 19(3) of the Market Abuse Regulation which is part of UK law by virtue of the European Union (withdrawal) Act 2018, provides further details.

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                                         Mario Stifano: Chief Executive Officer
Email:  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)
Nick Lovering, 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 instrument

Identification Code

Common Shares of nil par value

ISIN: CA36315W2022

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume

Price

Volume

C$0.73

5500

C$0.70

3500

C$0.68

3000

d)

Aggregated information

12,000 at a weighted average price of C$0.71

e)

Date of the transaction

June 17, 2021 - 3,000

June 18, 2021 - 9,000

f)

Place of the transaction

Toronto Stock Exchange

1.    

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Alan Buckley

 2.    

Reason for the notification

a)

Position/status:

Chief Financial 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 instrument

Identification Code

Common Shares of nil par value

ISIN: CA36315W2022

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume

Price

Volume

£0.41

51,459

d)

Aggregated information

N/A single transaction

e)

Date of the transaction

28 May 2021

f)

Place of the transaction

 AIM London Stock Exchange


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