Galantas Announces Change of AIM Nominated Adviser and Broker


TORONTO, ONTARIO--(Marketwire - March 1, 2012) - The Directors of Galantas Gold Corporation (TSX VENTURE:GAL)(AIM:GAL) "the Company", the AIM and TSXV quoted producer/developer/explorer with a 100% interest in Ireland's only operating gold mine, are pleased to announce that the Company has appointed Charles Stanley Securities to act as its Nominated Adviser and Broker with immediate effect.

The appointment of a Nominated Adviser and Broker are required under London's Alternative Investment Market regulations.

President & CEO, Roland Phelps, commented:

"We are very pleased to announce the appointment of Charles Stanley Securities. They have demonstrated a good technical understanding of the gold mining space and a significant distribution capability through their relationships with institutional investors and private client banks in the UK. We look forward to working with them closely as Galantas Gold Corporation enters its next exciting phase of development."

For more information on Charles Stanley Securities please go to: http://www.csysecurities.com

Galantas Gold Corporation Issued and Outstanding Shares total 235,650,055.

The TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Galantas Gold Corporation
Jack Gunter, P.Eng
Chairman Investor Relations Consultant
+44 (0) 2882 241100

Galantas Gold Corporation
Roland Phelps, C.Eng
President & CEO
+44 (0) 2882 241100
info@galantas.com
www.galantas.com

Courtenay Heading (Maclir Consulting Ltd)
Investor Relations Consultant
(UK) +44 (0) 7624 424 455
c.heading@Galantas.com

Charles Stanley Securities
Mark Taylor
+44 (0)20 7149 6000

Charles Stanley Securities
Luke Webster
+44 (0)20 7149 6000