Exercise of Warrants

GALANTAS GOLD ANNOUNCES THE EXERCISE OF WARRANTS

Toronto, Ontario – November 5, 2026 – Galantas Gold Corporation (TSX-V: GAL | AIM: GAL) (“Galantas” or the “Company”) announces the following warrant exercises:

On 2 November 2026, warrants over 100,000 ordinary shares in the Company were exercised at an exercise price of C$0.12 per ordinary share.

On 3 November 2026, warrants over 300,000 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 400,000 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 11 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 851,507,593 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 Andacollo Gold and exploration at Indiana, both projects located 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