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Exercise of Warrants

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Galantas Gold Corporation announced the exercise of warrants resulting in the issuance of 10,200,000 new ordinary shares, raising C$1,224,000 at an exercise price of C$0.12 per share. These new shares are expected to be admitted to trading on AIM around November 5, 2026, and will rank pari passu with existing shares. Following this issuance, the company's total issued share capital will increase to 851,107,593 ordinary shares.

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Toronto, Ontario – October 30, 2026 – Galantas Gold Corporation (TSX-V: GALAIM: GALOTCQX: GALKF) (“Galantas” or the “Company”) announces the following warrant exercises:

On 26 October 2026, warrants over 200,000 ordinary shares in the Company were exercised at an exercise price of C$0.12 per ordinary share.

On 27 October 2026, warrants over 10,000,000 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 10,200,000 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 5 November 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 851,107,593 ordinary shares.

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

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