Mr. R. David Russell reports

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

Further to the news release of May 1, 2026, 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, April 19 and April 29, 2024), Galleon Gold Corp. has satisfied its obligation to pay an aggregate of $114,398.23 in interest accrued by issuing 110,866 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 Sept. 13, 2026. The company has received the final acceptance of the TSX Venture Exchange.

About Galleon Gold Corp.

Galleon Gold is advancing the West Cache gold project with a disciplined, derisking strategy centred on resource growth and a coming 86,500-tonne bulk sample program, positioning the company to unlock long-term shareholder value.

We seek Safe Harbor.