GALANTAS GOLD ANNOUNCES THE EXERCISE OF OPTIONS AND WARRANTS

Toronto, Ontario - September 28, 2026 - Galantas Gold Corporation (TSX-V: GAL | AIM: GAL | OTCQX: GALKF) ("Galantas" or the "Company") announces that on 21 September 2026, options over 200,000 ordinary shares in the Company were exercised by a former Director at an exercise price of C$0.23 per ordinary share.

In addition, on 23 September 2026, warrants over 807,500 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 1,007,500 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 1 October 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 838,182,593 ordinary shares.

About Galantas Gold Corporation

Galantas Gold Corporation is a publicly traded gold and copper company focused on the acquisition, development, and advancement of gold and copper assets in stable mining jurisdictions. The Company is currently advancing the development of the Indiana Project and the Andacollo Gold Project in Chile. Galantas' strategy is to build long-term shareholder value through disciplined capital allocation, technically rigorous project evaluation, and responsible development of high-quality mineral assets.

Enquiries

Galantas Gold Corporation

Mario Stifano: Chief Executive Officer

Email: [email protected]

Website: www.galantas.com

Telephone: +1 416-848-7744

Grant Thornton UK Advisory & Tax LLP (AIM Nomad)

Philip Secrett, Harrison Clarke, Elliot Peters

Telephone: +44(0)20 7383 5100

SP Angel Corporate Finance LLP (AIM Broker)

David Hignell, Charlie Bouverat (Corporate Finance)

Grant Barker (Sales & Brokering)

Telephone: +44(0)20 3470 0470