Galantas Gold Corporation (TSXV: GAL) (AIM: GAL) has entered into an amending agreement with Canaccord Genuity Corp., on behalf of itself and a syndicate of agents including Cormark Securities Inc. and Research Capital Corporation, to increase the size of the company’s previously private placement for aggregate gross proceeds of up to approximately C$6 million.
Galantas previously announced it was seeking to raise C$4 million.
The company intends to use the net proceeds of the Upsized Offering for exploration and development at the Joshua Target as well as for working capital and general corporate purposes.
About Galantas Gold Corporation
Galantas Gold Corporation is a Canadian public company that trades on the TSX Venture Exchange and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the OTCQX Exchange under the symbol GALKF.
The company’s strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland.
For further information please visit: https://galantas.com/
