Bold Financial Strides Made as Galantas Gold Corporation Unveils the Details of Its Historic Loan Advances

Galantas Gold Corporation, a renowned Canadian public company with its trading presence on the TSX Venture Exchange, London Stock Exchange AIM market, and the OTCQX Exchange, has recently come into the limelight for its historic loan advances. This is a substantial financial shot in the arm that is set to bolster the company’s ventures with enhanced fiscal stability.

With the initial announcement made on 30 April 2025, the company garnered loan advances on November 6, 2024, termed as the ‘2024 Advance’, and on April 11, 2025, dubbed the ‘2025 Advance’, given by Melquart Ltd. These advances were on the same terms as the February 2023 loan secured by Melquart and the company itself.

The purpose behind the double-digit loans was primarily to provide general working capital and maintain the lease on the company’s Gairloch asset. This move allowed the company to continue projects at the Omagh Project in Northern Ireland and the Gairloch Project hosting the Kerry Road gold-bearing VMS deposit in Scotland.

Attesting to the fairness and reasonableness of the terms on the loan advances, the Directors of the Company consulted with their Nominated Adviser under the adherence to AIM Rule 13. In concurrence with the findings, it was determined that the terms for both 2024 Advance and the 2025 Advance were equitable and considerate as they concerned the company’s shareholders during the time of their establishment.

Galantas Gold Corporation’s strategic strides towards enhancing shareholder value through the operation and expansion of gold production and resources continues unabated, empowered by these historic loan advances.