Big picture - Why invest in Galantas Gold Corp
Galantas Gold Corp Snapshot
Galantas owns and recently operated a producing open pit gold mine near Omagh, County Tyrone, Northern Ireland. The mine also produces by-product silver and lead. A metals concentrate is produced by safe, low-toxicity processing and sold under contract to Xstrata Corporation. The mine has now received planning permits to continue to mine underground. The mine has completed part of a drilling exploration program with a significant increase in resources discovered and intends to continue that program.
This menu explains the activities being carried out by Omagh Minerals Ltd at the Cavanacaw Mine.
Production details gold extraction operations and concentrate processing procedures.
Exploration & Resources details the active exploration program and the known resources.
Future Expansion / Development details the work taking place to develop plans and permitting for an underground mine on the Cavanacaw property.
The information in this website contains forward looking statements, including statements about anticipated operating and financial performance and geological estimates. Such statement are no guarantees of future performance which is subject to risks and uncertainties; only some of which are within the Company's control, and any or all of which could cause the Company's performance to be materially different from what directors may believe. Given the uncertainties associated with forward looking statements, readers are cautioned not to place undue reliance on them. The Company does not undertake to update any forward looking statements contained herein.
COPYRIGHT: Other than as specifically noted, all content in this website is exclusive copyright of Galantas Gold Corporation and may not be reproduced in whole or in part without written consent.
Roland Phelps C.Eng MIMMM - President & CEO
Mr. Phelps graduated from Leeds University in 1976 and is a qualified Chartered Mining Engineer, Geologist and Registrant of the Engineering Council. He has worked in Canada in precious / base metal mining and major mining engineering projects. He has held senior mine management positions in the UK. He is a director and founder of Welsh Gold plc (a small mining company and prestige jewellery brand). He has other investment interests in property and construction.
L. Jack Gunter P.Eng - Chairman, (Member of Audit Committee)
Mr. Gunter is a Licensed Professional Engineer of the Province of Ontario, Canada. He graduated in 1965 with a B.Sc (Geological Engineering) from the Michigan Technological University. He is qualified as a mining technologist from the Provincial Institute of Mining at Haileybury, Ontario and is a fellow of the Institute of Materials Minerals and Mining. Mr Gunter has been in the mining industry for over 40 years, including 8 years with Phelps Dodge Corporation and 14 years from 1975 with the RTZ Corporation, headquartered mainly out of the United Kingdom. Mr. Gunter has an intimate knowledge of the gold deposits at Omagh having been the responsible executive of the RTZ group of companies that discovered and evaluated them. He later founded Omagh Minerals Ltd which acquired the gold deposits, steering it through its initial phase of development and the public enquiry which led to the granting of planning consent for the development of the Omagh Mine.
R.Alexander P. Eng - (Member of Audit Committee, Compensation and Corporate Governance Committee)
Mr.Alexander is an independent petroleum industry consultant and President of Detector Explorations Ltd., and of Shunex resources Ltd.
James Clancy CPA - (Chairman of Audit Committee) (Member of Compensation and Corporate Governance Committee)
Mr Clancy graduated with a honours B.Comm from the University of Toronto in 1970. He achieved his CA designation from the Canadian Institute of Chartered Accountants in 1972. During the majority of his career he has held executive positions (controller, CFO and general manager) with companies in the construction industry in Canada, the U.S. and internationally. For the past seven years he has operated his own consulting firm specilising in offering financial expertise to the construction industry.
James I Golla - (Member of Audit Committee) (Chairman of Compensation and Corporate Governance Committee)
Mr. Golla has been a director of Altair Nanotechnologies since 1994. He has also served as a director of Apogee Minerals Ltd and Barton Bay Resources Inc. Mr Golla was a journalist with Globe and Mail, Canada's national newspaper, from 1954 until his retirement in 1997.
Significant Shareholders and Percentage of AIM Securities not in public hands.
Name and Municipality of Residence Present office and Date first appointed as director Number of Common Shares Owned, Beneficially Held or Controlled % of Class Held or Controlled
Calgary, Alberta Director
September 20, 1996 112,000 0.08%
Lionel J. Gunter
La Manga, Spain Non-Executive Chairman and Director
September 20, 1996 3,393,088 2.46%
Jersey, Channel Islands President and Chief Executive Officer and Director
February 17, 2003 33,356,750 24.21%
James B. Clancy
Toronto, Ontario Director
June 21, 2001 36,846 0.03%
James I. Golla
Mississauga, Ontario Director
June 21, 2001 20,000 0.01%
The number of AIM shares held by Directors is 36,918,684 and the percentage of securities held by Directors is 26.8%.
A Senior Officer of the company (Leo O'Shaughnessy, Chief Financial Officer), who is not a Director, holds 320,500 shares (0.23%).
Issued and Outstanding Shares total 137,800,830 as of 10th June 2016.
Kenglo One Limited (Kenglo) is a major shareholder. Kenglo is administered for the benefit of Christopher Brown and Family. Chris Brown is an accomplished mining investor, having built and sold a major stake in London Mining. Kenglo own 9.6% of the issued shares.
Mr. Ross Beaty is a major shareholder with 20.9% of the issued and outstanding shares as of 10th June 2016. Holding 28,825,397 million shares, he also has 16 million warrants (exercisable by 27th July 2016 at 16c).
The number of issued securities not in public hands (Directors, Senior Officers, Kenglo One Ltd and Mr. Ross Beaty) is 57.41% of issued shares.
The share information is considered current as of 10th June 2016.
Details of restrictions
There are no restrictions on the free transferability of the Company's AIM securities
Disclosure for the purposes of Rule 26 of the AIM Rules for Companies :
The Company was federally incorporated in Canada with registered number 638478-1 and the Company's main country of operation is Northern Ireland.
The rights of shareholders in Galantas Gold Corporation (the Company) may be different from the rights of shareholders in a UK incorporated company.
These rights may restrict the disclosure of the beneficial ownership of important shareholdings, or changes in such shareholdings, by the Company where such information is not disclosed to the Company.
The company is not subject to the UK City Code on Takeovers and Mergers.
Directors’ insider dealing reports and lists of current holdings may be accessed on www.sedi.ca . A PDF download is also accessible here which records the information given on SEDI as of 11th March 2007. 11th March 2007 Directors Holdings
Download Certificate Of Continuance
Download Articles Of Amalgamation
Investors are cautioned that this website is only periodically reviewed and that access to current information is available on www.sedar.com .
E-mail [email protected]
OPERATIONS / INVESTOR RELATIONS
56 Botera Road Upper
N. Ireland BT78 5LH
Telephone +44 (0) 28 8224 1100
Fax +44 (0) 28 8224 1194
GALANTAS CORPORATE REGISTERED OFFICE
DSA Corporate Services Inc
36 Toronto Street
– Suite 1000,
Ontario Canada M5C 2C5
Telephone 001 416-848-7744
Fax 001 416-848-0790
DSA Corporate Services Inc
36 Toronto Street
– Suite 1000,
Ontario Canada M5C 2C5
Counsel to the Company in Canada
40 King Street West, Suite 5800
Toronto, Ontario M5J 2T3
Solicitors to the Company in England
Gowlings (UK) LLP
15th Floor - 125 Old Broad Street
Solicitors to the Company in Northern Ireland
Elliott Duffy Garrett
34 Upper Queen Street
Belfast BT1 6FD
Canadian Registrar - Transfer Agent
Equity Financial Trust Company
200 University Avenue, Suite 400
Toronto ON M5H 4H1
Toll Free: 1 (866) 393-4891 1 (866) 393-4891
Tel: (416) 361-0152 (416) 361-0152
Capita IRG (Offshore) Limited
Victoria Chambers, Liberation Square
1/3 The Esplanade, St Helier
Capita IRG Trustees Limited
The Registry, 34 Beckenham Road
Beckenham, Kent BR3 4TU
Auditors to the Company
McCarney Greenwood LLP
10 Bay Street, Suite 600
M5J 2R8 Canada