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PDMR Share Dealing

6 Jun 2022 07:00

RNS Number : 6831N
Galantas Gold Corporation
06 June 2022
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PDMR SHARE DEALING

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6 June 2022. Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") reports that it received notification on 3 June 2022 that on 2 June 2022, Mario Stifano, CEO, bought 10,000 common shares of nil par value ("Common Shares") at a price of C$0.52 per Common Share and that also on 2 June 2022, he bought 20,000 common shares at a price of C$0.53, representing a combined total of 0.04% of the Company's issued ordinary share capital. Following these transactions, Mr. Stifano's interest in the Company is 400,499 Common Shares representing 0.48% of the Company's total voting rights.

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Further details of the PDMR dealings are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

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Enquiries

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Galantas Gold Corporation

Mario Stifano: Chief Executive Officer

Email: info@galantas.com

Website: www.galantas.com

Telephone: +44(0)28 8224 1100

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Grant Thornton UK LLP (AIM Nomad)

Philip Secrett, Harrison Clarke, George Grainger, Samuel Littler

Telephone: +44(0)20 7383 5100

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Panmure Gordon & Co (AIM Broker & Corporate Adviser)

Hugh Rich, John Prior

Telephone: +44(0)20 7886 2500

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(UK) DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerialresponsibilities/person closely associated

a)

Name:

Mario Stifano

2.

Reason for the notification

a)

Position/status:

Chief Executive Officer

b)

Initial notification/Amendment:

Initial Notification

3.

Details of the issuer, emission allowance market participant,auction platform, auctioneer or auction monitor

a)

Name:

Galantas Gold Corporation

b)

LEI:

LEI: 213800JKVPLLKO4KVB93

4.

Details of the transaction(s): section to be repeated for (i) eachtype of instrument; (ii) each type of transaction; (iii) each date;and (iv) each place where transactions have been conducted

a)

Description of the financialinstrument type of instrument

Identification Code

Common Shares of nil par value

ISIN: CA36315W2022

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume

Price

Volume

C$ 0.52

10,000

C$ 0.53

20,000

d)

Aggregated information

30,000 at a price of C$ 0.525

e)

Date of the transaction

2 June 2022

f)

Place of the transaction

Toronto Stock Exchange

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