'Lack of phone signal is all anyone talks about'
"Unforeseen technical issues" have been causing continuing mobile phone service issues in some rural areas of County Tyrone for almost a month.
Local representatives say it has mostly been affecting Mid Ulster's Torrent electoral district in areas such as Coalisland and Clonoe.
Members of the community say that areas, which already had poor reception, were in some cases, "complete blackspots with no signal".
The problems have been linked to planned upgrade works on a service site that is hosted by O2, but is also used by a number of other mobile phone companies. O2 said the upgrade works in the area were to ensure "fast and reliable connectivity to customers".
An O2 spokesperson said, due to "unforeseen technical issues" the work had taken longer than planned.
In a statement on its website on Friday evening O2 said it had "completed some improvement work" in the area and that it would continue to "keep a close eye on the network to make sure everything's working as it should".
SDLP councillor Malachy Quinn lives in the Washingbay area of County Tyrone.
On Friday night he said that while he welcomed confirmation of improvement works, he still had reports of network problems in the area.
He said: "It is clear from speaking to residents across my area that many people - particularly those living in more rural and isolated areas - are still experiencing persistent problems with poor or unreliable mobile signal.
"In 2025, it should not be too much to ask for people to have consistent access to calls and data, no matter where they live."
It is understood the issues were first reported at the end of May.
It was raised at a meeting of Mid Ulster District Council last month by independent councillor Dan Kerr.
He called for a meeting with the different major mobile networks.
During the meeting council chief executive, Adrian McCreesh, stated: "I've [heard] from a number of members around this chamber in recent days about the behaviour of some of our companies, and the lack of ability for people to get connected."
Mr McCreesh confirmed he would be organising a meeting with some of the mobile phone companies operating in the areas of Mid Ulster that had continuous reports of poor signal.
Brian Kerr owns a barber shop in the Clonoe Village Business Park.
He said: "It's all the customers who come into the shop this past while have been talking about, the fact that the phone signal has somehow managed to get worse, and it was already poor.
"At my own house, you have to leave the house and go to the top of the driveway to get any signal at all and even then it's patchy."
He added: "Something needs to be done about it long-term, because it's affecting a lot of people, not only socially, but they rely on decent phone signal for their businesses as well."
Linda Dillon is a Sinn Fein MLA who lives in the Clonoe area and is calling for the issue to be resolved.
She said: "Signal problems have lasted a month, and it's caused problems with parents looking to contact their children when they're out and things like that.
"A big part of the problem is trying to get information from the phone companies, the communication to the people on the ground and elected representatives has been very poor, which is bad from communication companies."
She added: "Unfortunately there are places in this area, like Derrylaughan, that always have had poor signal, but this time it has been more widespread.
"At the end of the day it is an equality issue, rural areas should have access to phone signal the same as people living in urban areas."
In 2021, three mobile phone networks agreed a deal to build and share masts to improve 4G in rural parts of Northern Ireland.
The project was part of the UK government's £1bn Shared Rural Network (SRN) programme, external, aimed at improving rural internet access.
The issue of phone signal has been in the news recently following a series of arson attacks on 5G masts in west Belfast.
During a recent debate in the Northern Ireland Assembly about the attacks, DUP MLA Deborah Erskine condemned the incidents but also pointed to the phone signal issues that impact rural communities all year round.
Speaking in the assembly, the Fermanagh and South Tyrone MLA said: "I would love to have 4G in my area, never mind 5G, and to see improvements made to masts and infrastructure.
"Such improvements are needed, not just in west Belfast, but throughout Northern Ireland."
In a statement about the connectivity issues in County Tyrone, O2 said: "While these upgrades will lead to improvements in the longer term, we apologise to customers who may have experienced intermittent service issues whilst the works are completed."
Meanwhile, a spokesperson for Vodafone said: "We're sorry to our customers who are affected by issues with their services.
"Our infrastructure partner is aware of the network issues due to planned work on a mast in the area and is working hard to restore services."
Phone networks agree rural 4G coverage boost
Frustration for residents as phone signal buckles after 5G mast arsons
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'Lack of phone signal is all anyone talks about'
"Unforeseen technical issues" have been causing continuing mobile phone service issues in some rural areas of County Tyrone for almost a month. Local representatives say it has mostly been affecting Mid Ulster's Torrent electoral district in areas such as Coalisland and Clonoe. Members of the community say that areas, which already had poor reception, were in some cases, "complete blackspots with no signal". The problems have been linked to planned upgrade works on a service site that is hosted by O2, but is also used by a number of other mobile phone companies. O2 said the upgrade works in the area were to ensure "fast and reliable connectivity to customers". An O2 spokesperson said, due to "unforeseen technical issues" the work had taken longer than planned. In a statement on its website on Friday evening O2 said it had "completed some improvement work" in the area and that it would continue to "keep a close eye on the network to make sure everything's working as it should". SDLP councillor Malachy Quinn lives in the Washingbay area of County Tyrone. On Friday night he said that while he welcomed confirmation of improvement works, he still had reports of network problems in the area. He said: "It is clear from speaking to residents across my area that many people - particularly those living in more rural and isolated areas - are still experiencing persistent problems with poor or unreliable mobile signal. "In 2025, it should not be too much to ask for people to have consistent access to calls and data, no matter where they live." It is understood the issues were first reported at the end of May. It was raised at a meeting of Mid Ulster District Council last month by independent councillor Dan Kerr. He called for a meeting with the different major mobile networks. During the meeting council chief executive, Adrian McCreesh, stated: "I've [heard] from a number of members around this chamber in recent days about the behaviour of some of our companies, and the lack of ability for people to get connected." Mr McCreesh confirmed he would be organising a meeting with some of the mobile phone companies operating in the areas of Mid Ulster that had continuous reports of poor signal. Brian Kerr owns a barber shop in the Clonoe Village Business Park. He said: "It's all the customers who come into the shop this past while have been talking about, the fact that the phone signal has somehow managed to get worse, and it was already poor. "At my own house, you have to leave the house and go to the top of the driveway to get any signal at all and even then it's patchy." He added: "Something needs to be done about it long-term, because it's affecting a lot of people, not only socially, but they rely on decent phone signal for their businesses as well." Linda Dillon is a Sinn Fein MLA who lives in the Clonoe area and is calling for the issue to be resolved. She said: "Signal problems have lasted a month, and it's caused problems with parents looking to contact their children when they're out and things like that. "A big part of the problem is trying to get information from the phone companies, the communication to the people on the ground and elected representatives has been very poor, which is bad from communication companies." She added: "Unfortunately there are places in this area, like Derrylaughan, that always have had poor signal, but this time it has been more widespread. "At the end of the day it is an equality issue, rural areas should have access to phone signal the same as people living in urban areas." In 2021, three mobile phone networks agreed a deal to build and share masts to improve 4G in rural parts of Northern Ireland. The project was part of the UK government's £1bn Shared Rural Network (SRN) programme, external, aimed at improving rural internet access. The issue of phone signal has been in the news recently following a series of arson attacks on 5G masts in west Belfast. During a recent debate in the Northern Ireland Assembly about the attacks, DUP MLA Deborah Erskine condemned the incidents but also pointed to the phone signal issues that impact rural communities all year round. Speaking in the assembly, the Fermanagh and South Tyrone MLA said: "I would love to have 4G in my area, never mind 5G, and to see improvements made to masts and infrastructure. "Such improvements are needed, not just in west Belfast, but throughout Northern Ireland." In a statement about the connectivity issues in County Tyrone, O2 said: "While these upgrades will lead to improvements in the longer term, we apologise to customers who may have experienced intermittent service issues whilst the works are completed." Meanwhile, a spokesperson for Vodafone said: "We're sorry to our customers who are affected by issues with their services. "Our infrastructure partner is aware of the network issues due to planned work on a mast in the area and is working hard to restore services." Phone networks agree rural 4G coverage boost Frustration for residents as phone signal buckles after 5G mast arsons
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Galantas Gold Enters Into Binding Term Sheet for Joint Venture With Ocean Partners UK Limited to Develop Omagh Gold Project in Northern Ireland
US$3.0 Million Investment for Exploration and Restart Plan, Shares for Debt Transactions and Notice of Annual General Meeting and Special Meeting TORONTO, June 09, 2025 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQB: GALKF) ('Galantas' or the 'Company') is pleased to announce that it has entered into a Binding Term Sheet with Ocean Partners UK Limited ('Ocean Partners') on June 6, 2025 to joint venture the high-grade Omagh Gold Project in County Tyrone, Northern Ireland (the 'Omagh Project'). Ocean Partners will exchange approximately US$14 million (GBP £10.3 million) in existing loans for an 80% interest in Flintridge Resources Limited ('Flintridge') and an 80% interest in Omagh Minerals Ltd ('Omagh Minerals'), subsidiaries of Galantas which together own the Omagh Project (the 'Proposed Transaction'). The remaining 20% interest in Flintridge and 20% interest in Omagh Minerals will be retained by Galantas. Following the Proposed Transaction, Ocean Partners will have the option to convert the approximately US$1 million (GBP £738,481) of remaining debt into a 0.001% interest in Flintridge at any time after mining has restarted on the Omagh Project. Ocean Partners will invest an initial US$3 million (GBP £2.2 million) in the Omagh Project for exploration, a restart plan and general and administrative costs for a period of up to one year (the 'Initial Term'). After the Initial Term, Ocean Partners will have the option to invest an additional US$5 million (GBP £3.7 million) for exploration and commissioning a development program for a period of up to one year (the 'Second Term'). Galantas will be free carried on the initial US$3 million (GBP £2.2 million) investment and will have the option to invest its pro-rata share on future investments, including the Second Term. Mario Stifano, CEO of Galantas, commented: 'We are very pleased to enter into the Proposed Transaction with Ocean Partners, a long-standing stakeholder who recognizes the district-scale and high-grade potential of the Omagh Project. The Proposed Transaction represents a turning point in the Omagh Project's development, enabling Galantas to benefit from a recommencement in production amid rising gold prices, while also strengthening the Company's balance sheet. The Company will have the benefit of receiving gold ounces once the Omagh Project is restarted, while also advancing the Gairloch high-grade gold and copper VMS project in Scotland. Upon closing of the Proposed Transaction, the joint venture intends to commence a drill program targeting the high-grade zones at the Omagh Project's Joshua Vein and test the northern extension of the Kearney Vein.' Rule 15 of the AIM Rules for Companies – Fundamental change of business The Proposed Transaction constitutes a fundamental change in business under Rule 15 of the AIM Rules for Companies by virtue of the size of the disposition and is subject to shareholder approval at a meeting or by a written shareholders' resolution signed by at least 50% of the shareholders of the issuer. Notwithstanding the Company proposes to divest substantially all of its trading business and assets, the Company will continue to be admitted to trading on AIM and will not be classified as an AIM Rule 15 cash shell. If the Proposed Transaction is concluded, Galantas will focus on initiating an inaugural mineral resource estimate at the Gairloch Project in Scotland and also commence an exploration drilling program at Gairloch. Upon closing of the Proposed Transaction, Ocean Partners and Galantas will sign a shareholders agreement (the 'Joint Venture') focused on exploration and restart plans with Ocean Partners as project operator. The board of directors of Flintridge shall be comprised of four representatives of Ocean Partners and one representative of the Company for so long as the Company owns at least a 10% interest in Flintridge. There will be no change to the board of directors of the Company following the Proposed Transaction. Flintridge will have a fixed valuation of US$15 million (GBP £11.1 million) for future cash calls. During the Initial Term, Galantas shall have the option (the 'Galantas Option') to convert its 20% ownership interest in Flintridge into a 3.00% net smelter return royalty (the '3% NSR'). 50% of the 3% NSR shall be subject to a buy-back provision for US$8 million (GBP £5.9 million) by Flintridge. In the event that: (i) Galantas does not exercise the Galantas Option during the Initial Term; and (ii) Galantas is diluted to below 10% ownership in Flintridge, the entirety of Galantas' ownership shall automatically convert to a 1.5% net smelter return royalty (the '1.5% NSR'). The remaining 50% of the 1.5% NSR shall be subject to a buy-back provision for US$4 million (GBP £3.0 million) by Flintridge. Galantas has entered into an exclusivity period with Ocean Partners regarding the Proposed Transaction, including without limitation, the settling of the form of Definitive Agreements, until the earlier of (i) the date of the execution of a mutually acceptable Definitive Agreements, (ii) the date upon which Ocean Partners and Galantas mutually agree in writing to terminate discussions, or (iii) June 30, 2025, unless extended by mutual agreement by Ocean Partners and Galantas. The Proposed Transaction remains subject to conditions precedent, including Ocean Partners board approval and completion of due diligence by Ocean Partners, the completion of definitive documentation and the receipt of all required approvals and consents, including shareholder approval by Galantas shareholders as well as formal filings with and approval from the TSX Venture Exchange. Ocean Partners is a person closely associated with Brent Omland, a Director of Galantas (within the meaning of the EU Market Abuse Regulation). Mr. Omland is Chief Executive Officer of Ocean Partners and is a nominee of Ocean Partners on the board of Galantas and holds a minority stake in, and is a director of, Ocean Partners' parent entity. AIM Rule 13 – Related-party transaction Melquart Limited ('Melquart'), a shareholder with 24.5% ownership, indicated that, subject to approval by the Company's shareholders, it intends to convert US$875,000 (GBP £646,171) of its debt held as a convertible note plus accrued interest of US$182,803 (GBP £134,997) into 17,630,050 common shares of no par value ('Common Shares') in Galantas at a deemed price of US$0.06 (GBP £0.044) per share (the 'Discounted Price') (the 'Melquart Debt Transaction'). Melquart is deemed a related party to the Company for the purposes of the AIM Rules for Companies. The Melquart Debt Transaction is considered a related-party transaction for the purposes of Rule 13 of the AIM Rules for Companies. Accordingly, the directors of the Company, who are all considered independent of the Melquart Debt Transaction, having consulted with their Nominated Adviser, consider that the terms of the Melquart Debt Transaction to be fair and reasonable in so far as the Company's shareholders ('Shareholders') are concerned. Following the Melquart Debt Transaction, Melquart will hold 47,372,977 Common Shares equal to approximately 35.4% of the Company's issued share capital. Multilateral Instrument 61-101 – Protection of Minority Security Holders The Company is exempt from the requirements of MI 61-101 to obtain a formal valuation and minority shareholder approval in connection with the Proposed Transaction with Ocean Partners in reliance on section 5.5(g) of MI 61-101. The Company is also exempt from the formal valuation requirements for the related party transaction with Melquart in reliance of section 5.5(g). Specifically, the Company in serious financial difficulty, the transaction is designed to improve the financial position of the Company, the Company is not in bankruptcy, insolvency or under a court order, the Company formed a committee comprised of three independent directors in respect of the transaction, and the Company's board of directors, acting in good faith, unanimously determined, including the independent committee, acting in good faith, determined that the Company is in serious financial difficulty and the transaction is designed to improve the financial position of the Company, and the terms of the transaction are reasonable in the circumstances of the Company. MI 61-101 does, however, require shareholder approval for the Melquart Debt Transaction by a majority of 'disinterested shareholders' as defined in MI 61-101. Additionally, pursuant to policies of the TSX Venture Exchange, the Proposed Transaction with Ocean Partners is being treated as a 'non-arm's length' transaction,and will also require shareholder approval by a majority of 'disinterested shareholders' as defined in MI 61-101. Notice of Annual General Meeting and Special Meeting The Company has called a new meeting date for its Annual General Meeting and Special Meeting of its Shareholders to consider, among other things, the Proposed Transaction and the Melquart Debt Transaction to be held on August 5, 2025 at 11:00 a.m. (Toronto time) at the offices of DSA Corporate Services Inc., 82 Richmond Street East, Toronto, Ontario, M5C 1P1. Shareholders of record at the close of business at 5:00 p.m. (Toronto time) on July 2, 2025 will be entitled to vote at the meeting. The total losses attributable to Flintridge and Omagh Minerals for the year ended December 31, 2023 were £3,516,576 and the total value of the assets were £17,321,724. Following the Proposed Transaction, the assets of Flintridge and Omagh Minerals will no longer be consolidated in the accounts of the Company. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. About Galantas Gold Corporation Galantas Gold Corporation is a Canadian public company that trades on the TSX Venture Exchange and the London Stock Exchange AIM market, both under the symbol GAL. It also trades on the OTCQB Exchange under the symbol GALKF. The Company's strategy is to create shareholder value by operating and expanding gold production and resources at the Omagh Project in Northern Ireland, and exploring the Gairloch Project hosting the Kerry Road gold-bearing VMS deposit in Scotland. Enquiries Galantas Gold CorporationMario Stifano: Chief Executive OfficerEmail: info@ +44(0)28 8224 1100 Grant Thornton UK LLP (AIM Nomad)Philip Secrett, Harrison Clarke, Elliot PetersTelephone: +44(0)20 7383 5100 SP Angel Corporate Finance LLP (AIM Broker)David Hignell, Charlie Bouverat (Corporate Finance)Grant Barker (Sales & Broking) Telephone: +44(0)20 3470 0470 Forward-Looking Statements This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including closing of the Proposed Transaction, Melquart Debt Transaction, and the Financing, and use of proceeds, results of exploration and mine development programs at the Omagh Project and Gairloch Project. Forward-looking statements are based on estimates and assumptions made by Galantas in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Galantas believes are appropriate in the circumstances. Many factors could cause Galantas' actual results, the performance or achievements to differ materially from those expressed or implied by the forward looking statements or strategy, including: gold price volatility; discrepancies between actual and estimated production, actual and estimated metallurgical recoveries and throughputs; mining operational risk, geological uncertainties; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign involvement; speculative nature of gold exploration; dilution; competition; loss of or availability of key employees; additional funding requirements; uncertainties regarding planning and other permitting issues; and defective title to mineral claims or property. These factors and others that could affect Galantas' forward-looking statements are discussed in greater detail in the section entitled 'Risk Factors' in Galantas' Management Discussion & Analysis of the financial statements of Galantas and elsewhere in documents filed from time to time with the Canadian provincial securities regulators and other regulatory authorities. These factors should be considered carefully, and persons reviewing this news release should not place undue reliance on forward-looking statements. Galantas has no intention and undertakes no obligation to update or revise any forward-looking statements in this news release, except as required by law.