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: moc.satnalag@ofni 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