Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES THE EXERCISE OF WARRANTS

Galantas Gold Corp. has received notification from shareholder Eric Sprott, that 2176423 Ontario Ltd., a corporation beneficially owned by him, exercised 39 million common share purchase warrants of the company at an exercise price of 12 cents per ordinary share pursuant to the issuance of the share purchase warrant as announced on Dec. 31, 2025. Following the exercise of the share purchase warrant, Mr. Sprott will hold approximately 99,166,667 ordinary shares equal to 19.9 per cent of the company's issued share capital.

On April 13, 2026, an additional 1.5 million common share purchase warrants in the company were exercised at an exercise price of 12 cents per ordinary share.

Application will be made to the London Stock Exchange for the 40.5 million new ordinary shares to be admitted to trading on AIM (Alternative Investment Market). It is expected that admission will become effective and that dealings in the new ordinary shares on AIM will commence on or around April 21, 2026. The new ordinary shares will rank pari passu with the existing ordinary shares in the company.

Following admission, the company's issued share capital will consist of 499,363,772 ordinary shares.

About Galantas Gold Corp.

Galantas Gold is a publicly traded gold company focused on the acquisition, development and advancement of gold assets in stable mining jurisdictions. The company is currently advancing the Indiana project in Chile toward production.

Galantas's strategy is to build long-term shareholder value through disciplined capital allocation, technically rigorous project evaluation and responsible development of high-quality mineral assets.