Exercise of Warrants
Galantas Gold Corporation announced the exercise of warrants resulting in the issuance of 2,772,500 new ordinary shares. These exercises occurred on May 14, 2026, for 10,000 shares at C$0.08 and 300,000 shares at C$0.12, and on May 19, 2026, for 2,462,500 shares at C$0.12. The new shares are expected to be admitted to trading on AIM around May 27, 2026, bringing the total issued share capital to 552,809,488 ordinary shares.
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| Toronto, Ontario - May 21, 2026 - Galantas Gold Corporation (TSX-V: GAL | AIM: GAL) ("Galantas" or the "Company") announces the following exercises of warrants. |
On 14 May 2026, compensation warrants over 10,000 ordinary shares in the Company were exercised at an exercise price of C$0.08 per ordinary share. Warrants over 300,000 ordinary shares in the Company were exercised on the same day at an exercise price of C$0.12 per ordinary share.
On 19 May 2026, warrants over 2,462,500 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 2,772,500 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 27 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 552,809,488 ordinary shares.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.