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Galantas Gold Updates on Loan Advances from Melquart Ltd

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Galantas Gold Updates on Loan Advances from Melquart Ltd

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Galantas Gold ( (TSE:GAL) ) has provided an announcement.

Galantas Gold Corporation has updated its stakeholders on loan advances made by Melquart Ltd in November 2024 and April 2025, totaling £176,965. These loans, secured on the Gairloch lease asset, are intended for general working capital and maintaining the lease, with terms deemed fair and reasonable for shareholders.

More about Galantas Gold

Galantas Gold Corporation is a Canadian public company that trades on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQX Exchange under the symbol GALKF. The company focuses on creating shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project in Scotland.

YTD Price Performance: -7.69%

Average Trading Volume: 59,930

Technical Sentiment Signal: Buy

Current Market Cap: £3.43M

For detailed information about GAL stock, go to TipRanks’ Stock Analysis page.

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