Mr. R. David Russell reports

GALLEON GOLD ANNOUNCES ISSUANCE OF SHARES FOR INTEREST PAYMENT ON CONVERTIBLE DEBENTURES

Galleon Gold Corp., further to its news release of Nov. 17, 2025, under the terms of the convertible debentures issued on April 12, 2024, April 19, 2024, and April 29, 2024 (see news releases dated April 12, 2024, April 19, 2024, and April 29, 2024), has satisfied its obligation to pay an aggregate of $132,224.38 interest accrued by issuing 202,635 common shares to the holders of the convertible debentures.

The common shares to be issued in respect of the interest payment will be subject to a hold period of four months and one day ending March 25, 2026. The company has received the final acceptance of the TSX Venture Exchange.

About Galleon Gold

Galleon Gold is an advanced exploration and development company focused on the West Cache gold project in Timmins, Ont. The project is located seven kilometres northeast of Pan American Silver's Timmins West mine and 14 kilometres southwest of Discovery Silver's Hollinger mine. The company is gearing up for its first test mining at West Cache. The 86,500-tonne underground bulk sample is designed to provide valuable data for feasibility studies. Galleon Gold's strategy is to systematically derisk the project while continuing to grow the asset through grassroots exploration.

We seek Safe Harbor.