Off-market insider buying at Galantas Gold (GAL)
Off-market insider buying at Galantas Gold (V:GAL)
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Updated Monday Jul 27, 2020 05:26 AM EDT
Melquart Limited, a 10% Holder, acquired 1,506,024 Common Shares on a direct ownership basis at a price of $0.225 through a prospectus or prospectus exempt offering on July 17th, 2020. This represents a $338,855 investment into the company's shares and an account share holdings change of 1.9%.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.