Galantas Gold Completes Acquisition of Sol de Oro Mining for the Andacollo Gold Project
June 15, 2026
Galantas Gold Corporation completed the acquisition of all issued and outstanding shares of Sol de Oro Mining Ltd., gaining 100% ownership of the Andacollo Gold Project in Chile. The transaction consideration totals US$32.5 million, including staged cash payments through 2029, assumed silver streaming obligations, and assumption of debt.
- Buyers
- Galantas Gold Corporation
- Targets
- Sol de Oro Mining Ltd., Compañía Minera e Inmobiliaria Dragones SpA, Compañía Minera OXI SpA
- Sellers
- Robert Sedgemore
- Industry
- Energy
- Location
- Coquimbo Region, Chile
- Transaction Type
- Buyout
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