Appointment of Chair of the Board
Galantas Gold Corporation has appointed David Cather as the new Non-Executive Chair of the Board, effective immediately, following his tenure as Interim Chair. Mr. Cather, a mining engineer and existing director since June 2019, will oversee the company's strategic priorities, including bringing the Andacollo Gold and Indiana Projects into production. In connection with his appointment, Galantas has granted Mr. Cather 750,000 restricted share units, with one-third vesting on August 31, 2027, and the remaining two-thirds vesting on January 1, 2028, and January 1, 2029, respectively.
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| Toronto, Ontario - September 1, 2026 - Galantas Gold Corporation (TSX-V: GAL | AIM: GAL | OTCQX: GALKF) ("Galantas" or the "Company") announces the appointment of Mr. David Cather as Non-Executive Chair of the Board ("Chair"). Mr. Cather a mining engineer and a director of the Company since June 2019 was serving as Interim Chair since July 7, 2026, following the resignation of former Chair, Róisín Magee. |
"On behalf of the Company, I am pleased to welcome David Cather as the incoming Chair of Galantas' Board of Directors," said Mario Stifano, President and CEO of the Company. "Mr. Cather will lead the Board at an exciting time as we execute on our strategic priorities to bring Andacollo Gold and the Indiana Projects into production and deliver value to shareholders."
The Company has granted 750,000 restricted share units ("RSUs") to Mr. Cather. Each of the RSUs will vest in accordance with the following schedule: 1/3 of the RSUs will vest on August 31, 2027; 1/3 of the RSUs will vest on January 1, 2028; and 1/3 of the RSUs will vest on January 1, 2029. Upon vesting, each RSU represents the right to receive one Common Share of the Company, cash payment or a combination thereof upon settlement of such RSU in accordance with the Company's omnibus equity incentive plan, which was approved by the Company's shareholders on June 15, 2026.
596/2014, which forms part of UK law by virtue of the European Union (Withdrawal) Act 2018. This information is disclosed in accordance with the Company's obligations under Article 17 of UK MAR. Upon publication of this announcement, this inside information is now considered to be in the public domain.
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