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Debenture Redemption

9th Feb 2007 14:47

Galahad Gold Plc09 February 2007 Galahad Gold plc (Galahad) Redemption of C$20 million participating debenture Galahad announces that following the sale of Galahad's 10.3% stake in NorthernDynasty Minerals Ltd to QIT-Fer Et Titane Inc, an affiliate of Rio Tinto plc,for C$94m (£40.3m), Galahad has today redeemed the C$20 million participatingdebenture issued on 8 September 2006. The total redemption price included aredemption premium of C$1.89 million. Enquiries to: GALAHAD GOLD plcAnna Rebollini Tel: +44 (0)20 7408 2002 PARKGREEN COMMUNICATIONSCathy Malins/Annabel Leather Tel: +44 (0)20 7581 7480 DRESDNER KLEINWORTChris Treneman Tel: +44 (0)20 7623 8000 This information is provided by RNS The company news service from the London Stock Exchange

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Rio Tinto
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