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Galantas Closes Second Part of Private Placement

TORONTO, ONTARIO–(Marketwired – March 2, 2017) – Galantas Gold Corporation (the “Company”) (TSX VENTURE:GAL)(AIM:GAL), the AIM and TSXV quoted gold producer and explorer with a 100% interest in Northern Ireland’s Omagh gold mine, announces that the second part of the private placement as previously outlined in a disclosure dated 27 February 2017, has closed.