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Galane Gold Ltd. Announces Proposed Acquisition of Vantage Goldfields Limited

TORONTO, ONTARIO–(Marketwired – May 23, 2017) – Galane Gold Ltd. (“Galane” or the “Company“) (TSX VENTURE:GG) is pleased to announce that it has entered into a letter of intent (the “LOI“) for the acquisition of all of the outstanding shares of Vantage Goldfields Limited (“Vantage“), a gold mining company with operations in the Mpumalanga Province of South Africa (the “Acquisition“).