Galantas Gold to Add Chilean Gold Project to Portfolio via $32 Million Sol de Oro Mining Purchase

03:49 AM EST, 01/07/2026 (MT Newswires) -- Galantas Gold (GAL.L) said Wednesday that it agreed to purchase Sol de Oro Mining for a total consideration of $32 million in cash and shares. The acquisition will add the Chile-based Andacollo Oro gold project, which is owned by the target company's Compañía Minera e Inmobiliaria Dragones, into the Canadian gold miner's portfolio. Closing of the deal is subject to shareholder and the Toronto Stock Exchange's approvals, as well as other conditions. Compañía Minera e Inmobiliaria Dragones is a unit of Compañía Minera OXI, which is owned by Sol de Oro Mining.