| Galantas Gold Corporation: Potential Challenge to Planning Consent | |
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TORONTO, ONTARIO--(Marketwired - Oct 13, 2015) - Galantas Gold Corporation (TSX VENTURE:GAL)(GAL.L) ("Galantas" or "the Company") has been made aware of what purports to be pre-action correspondence from an individual who intends to challenge, by judicial review, the actions of the Department of Environment Northern Ireland (DOENI) in granting planning permission for underground mining beneath the existing open pit. Environment Minister, Mark H Durkan, announced approval of the underground extension on 11th June 2015, including strict environmental conditions. The approval was the result of detailed, independent environmental studies, which were the subject of intensive scrutiny by regulators and the public over a two year period. Since the grant of permission, Galantas has been actively preparing for implementation of the consent, which is expected to create hundreds of jobs in the Omagh area and the Company has been inundated with local job applications. Roland Phelps, President & CEO of Galantas Gold Corporation said, "I expect a judicial review, if brought to the High Court in Belfast, to support the planning approval as granted. The individual challenging the decision raised concerns during the planning process and I note that these concerns were carefully examined by DOENI Planning Service. The Company will be seeking additional information and will advise shareholders of material information if it arises." 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. Galantas Gold Corporation's Issued and Outstanding Shares total 107,297,155.
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Galantas Gold Corporation
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EXPLORATEUR |
CODE : GAL.V |
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CUSIP : 298773 |
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Galantas est une société développant des projet miniers d'or basée au Canada. Galantas détient divers projets d'exploration au Portugal et en Irlande. Ses principaux projets en exploration sont OMAGH - KEARNEY et OMAGH - OTHER DEPOSITS en Irlande et MONTEMOR au Portugal. Galantas est cotée au Canada, au Royaume-Uni et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 29,9 millions CA$ (21,8 millions US$, 20,3 millions €). La valeur de son action a atteint son plus bas niveau récent le 03 avril 2020 à 0,01 CA$, et son plus haut niveau récent le 28 mai 2021 à 0,89 CA$. Galantas possède 170 890 000 actions en circulation. |