Off-market insider buying at Galantas Gold (GAL)

Off-market insider buying at Galantas Gold (V:GAL)

Melquart Limited, a 10% Holder, acquired 22,000,000 Common Shares on a direct ownership basis at a price of GBP$0.050 through a private transaction on December 7th, 2018. This represents a $1,864,500 investment into the company's shares and an account share holdings change of 54.7%.

Galantas Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Galantas Gold Corp (Galantas) owns and operates a producing open pit gold mine near Omagh, County Tyrone, Northern Ireland. The Company's geographical segments are the United Kingdom and Canada. The Company's mine produces by-product silver and lead. The mine is engaged in obtaining planning permits to continue to mine underground. Cavanacaw Corporation, a subsidiary of Galantas, owns Northern Ireland companies, such as Omagh Minerals Limited, Galantas Irish Gold Limited and Flintridge Resources Limited.