Result of Special Meeting and Appointment of CFO

GALANTAS ANNOUNCES SHAREHOLDER APPROVAL OF ACQUISITION OF SOL DE ORO AND APPOINTMENT OF CHIEF FINANCIAL OFFICER

Special Meeting Results

370,176,408 Galantas shares, representing 67.322% of the issued and outstanding Galantas shares as at the record date of May 12, 2026, were voted at the Meeting. The Transaction Resolution was approved by 99.990% of the votes cast by Galantas shareholders present in person or represented by proxy, excluding the votes cast by certain shareholders as required by Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions and the policies of the TSX Venture Exchange (the "TSXV"). The Plan Resolution was approved by 73.131% of the votes cast by Galantas shareholders present in person or represented by proxy.

Further information regarding the Transaction and the Plan is contained in the Company's management information circular dated May 12, 2026 (the "Circular"). An electronic copy of the Circular is available on Galantas' website at https://galantas.com/investors/agm-materials/ and on SEDAR+ under Galantas' profile at www.sedarplus.ca.

The Transaction is expected to be completed later this month, subject to final approval by the TSXV and the satisfaction or waiver of certain other closing conditions. Following approval by shareholders at the Meeting, the Company has adopted the Plan, effective immediately.

Appointment of Chief Financial Officer

The Company has appointed Andreas L'Abbé as its non-Board Chief Financial Officer, effective July 1, 2026.

• L'Abbé is a Chartered Professional Accountant (CPA) and Chartered Accountant (CA) and brings over 20 years of financial and accounting experience in the mining sector. Most recently, he served as Chief Financial Officer and Corporate Secretary of Discovery Silver Corp., where he played a key role in its growth and transformation into a mid-tier producer. He has also held senior finance and strategy roles with a number of producing mining companies, including Director of Finance at Tahoe Resources Inc. and Vice President, Finance at Timmins Gold Corp.

Mario Stifano, President and CEO of Galantas, commented: "We are delighted to have Andreas joining our management team. His extensive experience across operations, financial reporting and controls, mergers and acquisitions, human resources and ESG will be a valuable asset as we advance toward production in Chile. On behalf of the Board of Directors, I would also like to thank Alan Buckley for his contributions to the Company and wish him continued success in his future endeavours."