BRIEF-Galantas announces proposed private placement

Wed May 11, 2016 11:04am EDT
 
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May 11 (Reuters) -

* Galantas announces proposed private placement

* Private placement is expected to be for 16 million shares at a price of cdn$0.07875 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)