Galantas Gold Corp (GALKF)

[downthehatch]

More good news--
http://news.morningstar.com/all/acquire-news/ff80808137790d1a0137dbaa31047149/galantas-announces-exercise-of-warrants-and-repayment-of-loan.aspx

So, a big investor, with lots of experience in mining shares, exercises warrants to buy another 20 million shares of GAL / GALKF at .10 Canadian, when the shares are trading on the open market at about .07 Cd.

The shares did trade up a bit, both in London and in Toronto, but still trading at a pretty steep discount to what Kenglo paid.
Helps the balance company sheet, because it extinguishes a big debt, at a discount.

Stock is still a buy. A good hedge against future inflation.