Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES NOTIFICATION OF SIGNIFICANT SHAREHOLDING

Galantas Gold Corp. was notified on Aug. 26, 2026, of the following significant shareholding in the company.

Alpayana SAC, on Aug. 21, 2026, acquired 91,313,890 common shares of the company, being the class of the company's Alternative Investment Market securities, at a price of 42 cents per common share for aggregate consideration of $38,351,833.80. The acquisition of common shares was pursuant to a private share purchase agreement with a third party seller.

Immediately prior to the transaction, Alpayana did not beneficially own or control any common shares or other securities of the company. Following completion of the transaction, Alpayana beneficially owns and controls 91,313,890 common shares, representing approximately 10.97 per cent of the company's issued and outstanding common shares on a non-diluted basis. Alpayana has confirmed that it has no joint actors in respect of the transaction. Accordingly, Alpayana is a substantial shareholder of the company for the purposes of the Alternative Investment Market rules.

Mario Stifano, chief executive officer of Galantas, commented: "We welcome Alpayana to our shareholder register as a strategic, long-term shareholder. Alpayana is a private mining group with four decades of disciplined and responsible operation in Peru and Mexico. We view its decision to acquire a substantial position as a strong endorsement of our strategy and of the potential across our project portfolio."

About Galantas Gold Corp.

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