GOLD
Aim- and TSX-V-quoted Galantas Gold has secured more funds for the further development of its Omagh mine, in Northern Ireland.
The firm’s operating subsidiary, Flintridge Resources, has signed a concentrate prepayment agreement, or loan facility, for $1.6-million with Ocean Partners UK and increased its on-demand loan facility with G&F Phelps, a company owned by Galantas CEO Roland Phelps, by £600 000 to £2.15-million.
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