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Galantas stock explodes after securing funding for Northern Ireland gold project

May 19, 2021

Source: https://www.mining.com/galantas-stock-explodes-after-securing-funding-for-n-ireland-gold-project/

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Galantas Gold closer to commercial production after blasting deal

Omagh gold mine is Northern Ireland’s only producing operation. (Image courtesy of Galantas Gold.)

Galantas Gold (TSXV: GAL) has secured funding to advance its namesake mine in Omagh, Northern Ireland, towards full production and accelerate exploration plans to expand the project’s high-grade gold resources.

On Tuesday, the junior miner announced it has closed an oversubscribed private placement of approximately 26.66 million units at a price of C$0.30 per unit, raising gross proceeds of nearly C$8 million ($6.6m).

Original Text (This is the original text for your reference.)

Omagh gold mine is Northern Ireland’s only producing operation. (Image courtesy of Galantas Gold.)

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