Annual General Meeting Results Announced by Galantas Gold Corporation
Galantas Gold Corporation Advances Strategic Transactions and Maintains Shareholder Support
The Galantas Gold Corporation held its Annual and Special Shareholders' Meeting on August 5, 2025, with a significant engagement level of 33.96% of shares outstanding. All proposed resolutions were passed by shareholders, representing 38,976,047 common shares voted.
During the meeting, shareholders voted in favour of electing all nominated directors for the ensuing year. Mario Stifano, James B. Clancy, Roisin Magee, David Cather, and Brent Omland were elected as directors. The auditors for the Company for the ensuing year were appointed as Clearhouse LLP, Chartered Professional Accountants.
The meeting also saw the approval of key transactions. A debt transaction with Ocean Partners UK Ltd was approved, involving the disposition of over 50% of the Company's business assets. This transaction is subject to several conditions precedent, including board approval by Ocean Partners, due diligence completion, signing of definitive documentation, and required regulatory approvals including from the TSX Venture Exchange.
Similarly, an A shares for debt conversion involving Melquart Limited was approved, involving the conversion of debt into common shares of Galantas. This transaction is pending conditions such as signing a debt settlement agreement, payment of filing fees, and formal filings and approvals from the TSX Venture Exchange.
The meeting also included the declaration of the third quarter 2025 dividend by OR Royalties, which was likely reported alongside the AGM results.
Mario Stifano, who holds the position of Chief Executive Officer at Galantas Gold Corporation, was present at the meeting. The company's official website is www.galantas.com, and the contact email is [email protected]. The telephone number for Galantas Gold Corporation is +44(0)28 8224 1100.
Galantas Gold Corporation, a Canadian public company, trades on the TSX Venture Exchange, London Stock Exchange AIM market, and OTCQB Exchange. The company's Nomad is Grant Thornton UK LLP, with contact telephone number +44(0)20 7383 5100. SP Angel Corporate Finance LLP serves as the AIM Broker for Galantas Gold Corporation, with contact telephone number +44(0)20 3470 0470.
Philip Secrett, Harrison Clarke, and Elliot Peters are associated with Grant Thornton UK LLP in the context of Galantas Gold Corporation. David Hignell, Charlie Bouverat (Corporate Finance), and Grant Barker (Sales & Broking) are associated with SP Angel Corporate Finance LLP in the context of Galantas Gold Corporation.
The company's stock option plan was ratified and confirmed during the meeting. The Annual and Special Meeting was held in accordance with the provisions of the Company's articles, by-laws, and the Business Corporations Act (Northern Ireland) 2006. The meeting was conducted in an orderly and efficient manner, and all resolutions were passed by shareholders.
- Despite the Galantas Gold Corporation's strategic transactions, such as the debt transaction with Ocean Partners UK Ltd and the A shares for debt conversion involving Melquart Limited, both are subject to certain conditions and regulatory approvals, including from the TSX Venture Exchange.
- The business assets of Galantas Gold Corporation, a publicly-traded company with listings on the TSX Venture Exchange, London Stock Exchange AIM market, and OTCQB Exchange, are set to change due to the approval of a significant debt transaction with Ocean Partners UK Ltd.
- The latest news from the Galantas Gold Corporation includes the approval of key transactions, the declaration of the third quarter 2025 dividend by OR Royalties, and the ratification of the company's stock option plan, all of which were discussed during the Annual and Special Shareholders' Meeting held in Toronto, Canada.
