Galantas Gold Reports Improved Annual Results

Galantas Gold Corporation (UK) (TSE:GAL) has released an update.

Galantas Gold Corporation reported a net loss of $8,568,140 for the year ended December 31, 2023, an improvement from the previous year’s $16,633,939 loss. Despite no sales revenue, the company’s provisional concentrate sales rose to US$1,103,532 in 2023. They also reported a year-end cash balance increase to $2,593,265 and a working capital deficit of $12,599,514.

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