Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES NEW CHAIR OF THE BOARD

Galantas Gold Corp. has appointed David Cather as non-executive chair of the board. Mr. Cather, a mining engineer and a director of the company since June, 2019, was serving as interim chair since July 7, 2026, following the resignation of former chair, Roisin Magee.

"On behalf of the company, I am pleased to welcome David Cather as the incoming chair of Galantas's board of directors," said Mario Stifano, president and chief executive officer of the company. "Mr. Cather will lead the board at an exciting time as we execute on our strategic priorities to bring Andacollo gold and the Indiana projects into production and deliver value to shareholders."

The company has granted 750,000 restricted share units to Mr. Cather. Each of the RSUs will vest in accordance with the following schedule: One-third of the RSUs will vest on Aug. 31, 2027; one-third of the RSUs will vest on Jan. 1, 2028; and one-third of the RSUs will vest on Jan. 1, 2029. Upon vesting, each RSU represents the right to receive one common share of the company, a cash payment or a combination thereof upon settlement of such RSU in accordance with the company's omnibus equity incentive plan, which was approved by the company's shareholders on June 15, 2026.

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.