Welcome to our dedicated page for Galantas Gold news (Ticker: GALKF), a resource for investors and traders seeking the latest updates and insights on Galantas Gold stock.
Galantas Gold Corp. reports news about gold project development, operating and financial results, and capital-structure matters. Recent company updates describe work at the Indiana gold project in Chile, including drilling, geotechnical information, mine-planning support, and evaluation of gold-bearing vein structures.
Galantas news also covers annual financial results, management discussion materials, warrant exercises, shareholder ownership changes, governance matters, and investor communications. The company’s updates frame its activities around the acquisition, development, and advancement of gold assets, with disclosures that also address safety practices, environmental monitoring, and regulatory compliance in its mining operations.
Galantas Gold (OTCQX:GALKF) completed the acquisition of Sol de Oro Mining, gaining 100% of the Andacollo Gold Project in Chile. Total consideration is US$32.5 million including assumed debt and streaming obligations, paid in stages to 2029.
Galantas assumed silver streaming agreements, issued 91,313,890 shares to Luis Catril, and will have 829,500,590 shares outstanding. The CEO targets restarting operations and beginning gold production in 2027, alongside an aggressive drill program.
Galantas Gold (OTCQX:GALKF) shareholders approved acquiring all shares of Sol de Oro Mining, which indirectly owns 100% of the Andacollo Gold Project. At the June 15, 2026 meeting, 67.322% of shares were voted and 99.990% supported the transaction.
Investors also approved an omnibus equity incentive plan with 73.131% support. Galantas expects the acquisition to close later in June, subject to final TSX Venture Exchange approval and other conditions. The company appointed Andreas L’Abbé as non-Board CFO, effective July 1, 2026.
Galantas Gold (OTCQB:GALKF) completed a private placement of 181,819,000 units at $0.55 per unit, raising gross proceeds of $100,000,450, including full exercise of the agents' option.
Proceeds will fund the Indiana and Andacollo Chile projects and working capital. Post-admission share capital will be 734,628,488 shares.
Galantas Gold (OTCQX:GALKF) reported unaudited Q1 2026 results in Canadian dollars, with no revenue and a net loss of $2.35 million versus $1.23 million in Q1 2025.
Cash rose to $10.82 million and working capital to a $4.96 million surplus, supported by financing, warrant exercises, and an announced private placement of up to $85 million plus a $15 million option.
Galantas Gold (OTCQB:GALKF) is sending a management information circular for a special shareholder meeting on June 15, 2026. Shareholders will vote on acquiring all shares of Sol de Oro Mining, which indirectly owns 100% of the Andacollo Project, and on an omnibus equity incentive plan.
The board unanimously recommends voting FOR these resolutions.
Galantas Gold (OTC:GALKF) reported audited results for the year ended December 31, 2025. Key figures: net loss of $8.49M (2024: $1.49M), cash of $13.32M (2024: $0.53M) and a working capital surplus of $8.07M (2024: deficit $16.22M). Depreciation was $0.27M and general admin expenses were $4.26M.
Concentrate provisional revenues were US$566,000 in 2025 versus US$853,591 in 2024; proceeds remain offset against development assets until commercial production.
Galantas Gold (OTC:GALKF) announced that a total of 40,500,000 common share purchase warrants were exercised at C$0.12 per share, including 39,000,000 by 2176423 Ontario Ltd., a company beneficially owned by Eric Sprott.
Application will be made for the 40,500,000 new ordinary shares to be admitted to trading on AIM, expected on or around 21 April 2026. Following Admission, issued share capital will be 499,363,772 ordinary shares and Mr. Sprott will hold approximately 19.9% of issued share capital.
Galantas Gold (OTC:GALKF) provided an update on its planned purchase of Sol de Oro Mining and the Andacollo Oro gold project in Chile, targeting closing in Q2 2026 and noting TSXV review and a trading halt.
The company plans to reallocate proceeds from a $15.525M December 2025 financing (approx. $8.4M to Andacollo, $3.9M to Indiana), confirmed a three‑year escrow for specific subscribers, and reported SEA confirmation that no new EIA is required for a restart.
Galantas (OTCQB:GALKF) has started a 5,000‑metre, 17‑hole diamond drilling program at the Indiana gold project near Copiapó, Chile, to tighten drill spacing, gather geotechnical data and test down‑dip and high‑grade vein intersections.
The work will support completion of a Preliminary Economic Assessment (PEA) expected in May 2026. Indiana hosts an Inferred Resource of 4.93 million tonnes at 2.24 g/t Au and 1.31% Cu (355,516 oz Au; 64,690 t Cu).
Summary not available.