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Galantas Gold Corporation

12:22 PM EST - Galantas Gold Corporation : Announced that its operating subsidiary, Flintridge Resources Ltd. has signed a concentrate pre-payment agreement / loan facility for $2.012 million with Ocean Partners UK Ltd. and an increased, on-demand loan facility with G&F Phelps Ltd. of £600,000. The Loan Agreements are to be used for further development of the Omagh Mine and working capital. Galantas Gold Corporation shares V.GAL are trading unchanged at $0.10.