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Mining News

Galantas Gold launches placement to fund mining in Northern Ireland

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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