Galantas Gold first quarter loss unchanged as cash outflow decreases

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Galantas Gold Corp - developing Omagh open pit gold mine in Country Tyrone, Northern Ireland - Reports net loss in the three months to March 31 of $1.4 million unchanged from $1.4 million the year prior, on zero revenue, also unchanged. Adds cash outflow totalled $475,530, down from $577,604 a year ago. Basic and diluted loss per share was $0.01 compared to LPS of $0.02.

Current stock price: 17.00 pence, down 5.6% in London on Tuesday

12-month change: down 44%

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