$GAL.V

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Galantas Gold Appoints David Cather as Non-Executive Board Chair

Galantas Gold (GAL.V) appointed David Cather as non-executive chair of the board, it said Tuesday.Cather, a director of the company since June 2019, was serving as interim chair since July 7, after the resignation of former chair Roisin Magee, said the company."Mr. Cather will lead the board at an exciting time as we execute on our strategic priorities to bring Andacollo Gold and the Indiana Projects into production and deliver value to shareholders," said Chief Executive Officer Mario Stifano.The company's shares were last seen up C$0.01 to C$0.66 on the TSX Venture Exchange.Price: $0.66, Change: $+0.01, Percent Change: +1.54%

$GAL.V

Mining & Metals98d ago

Galantas Gold Net Loss Widens in Q1

Galantas Gold (GAL.V) reported a widened net loss in the first quarter, on Tuesday.For the three months ended March 31, 2026, the company reported net loss of $2.4 million compared with $1.2 million, a year earlier.Sales revenue for the quarter amounted to $Nil compared to revenue of $Nil for the quarter ended March 31, 2025, it said. The company said that until the Indiana mine reaches commercial production, the net proceeds from concentrate sales are being offset against development assets.Galantas Gold had a cash balance of $10.8 million at March 31, 2026, compared to $729,387 at March 31, 2025.Shares of the company closed down 1.1% to $0.47 on Monday on the TSX Venture Exchange.

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