January 16, 2017 / 10:31 PM / in 7 months

BRIEF-Galane Gold provides update on Galaxy commissioning

Jan 16 (Reuters) - Galane Gold Ltd :

* Galane Gold Ltd. provides update on Galaxy commissioning

* At current stage Galaxy project does not generate positive cash flows

* Says is committed to fund commissioning and subsidize operations at Galaxy project from cash flows generated from Mupane mine

* Says has decided to be prudent and delay full commissioning at Galaxy project until company has sufficient funds available Source text for Eikon: Further company coverage:

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