Galantas Gold Q2 FY26 operating loss widens to C$4.69 million

Reuters2026/08/27 00:36

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Galantas Gold posted a Q2 operating loss of CAD 4.69 million, widening from CAD 710,035 a year earlier; loss per share stayed at CAD 0.01.
Operating costs climbed to CAD 1.78 million from CAD 108,274, while general and administrative expenses rose to CAD 2.55 million from CAD 1.27 million.
Foreign exchange gain narrowed to CAD 75,589 from CAD 656,841; unrealized derivative fair-value swung to a CAD 363,102 loss from a CAD 48,747 gain.
Cash and cash equivalents jumped to CAD 108.85 million from CAD 245,085, following a CAD 100 million private placement completed May 28.
Andacollo project restart work advanced, with M3 selected to lead a PEA targeting Q4 2026 and a potential restart targeted for the first half of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galantas Gold Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608262035ACCESSWRNAPR_____1213088) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Galantas Gold Q2 FY26 operating loss widens to C$4.69 million

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