Galantas Gold launches placement to fund mining in Northern Ireland

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Galantas Gold, which is listed in London and Toronto and owns the Omagh gold mine in Northern Ireland, launched a placement to raise up to £1.3m.

New shares in the company were issued at 4.2p each.

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Proceeds would be used for working capital purposes and to continue development of an underground mine on the Omagh property.

Source: stockmarketwire

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