Announced
Synopsis
Galantas Gold, a company engages in the exploration and development of mineral resource properties, agreed to acquire RDL Mining, an exploration company. Financial terms were not disclosed. “The Indiana Project represents a compelling dual‑path opportunity – with an operating mine and historical high‐grade gold-copper resources, this Transaction positions Galantas to fast‑track the project into production, while simultaneously unlocking significant exploration upside by drilling the numerous outcropping and untested veins on the property. The addition of seasoned mining veterans, Lawrence Roulston and Robert Sedgemore, to our board and leadership team, respectively, further strengthens our ability to execute on this vision and deliver meaningful growth for our shareholders. Robert, who has extensive mine building expertise, including experience at Escondida and Chuquicamata, will lead the Indiana Project, as the Company ramps up production and unlocks its significant exploration potential," Mario Stifano, Galantas CEO.
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