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The Exercise Of Warrants

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Galantas Gold Corporation announced that warrants for 4,574,500 ordinary shares were exercised at C$0.12 per share between May 6th and May 8th, 2026, raising capital for the company. These new shares, expected to be admitted to trading on AIM around May 14th, 2026, will rank pari passu with existing shares, increasing the total issued share capital to 505,675,772 ordinary shares.

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Toronto, Ontario - May 11, 2026 - Galantas Gold Corporation (TSX-V: GALAIM: GAL) ("Galantas" or the "Company") announces that on 6 May 2026, 7 May 2026 and 8 May 2026, warrants over 4,574,500 ordinary shares in the Company were exercised at an exercise price of C$0.12 per ordinary share.

Application will be made to the London Stock Exchange for the 4,574,500 new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new ordinary shares on AIM will commence on or around 14 May 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 505,675,772 ordinary shares.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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