Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES NOTIFICATION OF CHANGE TO SIGNIFICANT SHAREHOLDING

Galantas Gold Corp. was notified today of the following change to a significant shareholding in the company.

Luis Enrique Catril Espinoza on Aug. 21, 2026, disposed of 91,313,890 common shares of the company, being the class of the company's Alternative Investment Market securities, at a price of 42 cents per common share for aggregate consideration of $38,351,833.80. The disposal was made pursuant to a private share purchase agreement dated Aug. 17, 2026, between Mr. Catril and Alpayana SAC, and corresponds to the acquisition by Alpayana announced by the company on Aug. 27, 2026.

Immediately prior to the transaction, Mr. Catril beneficially owned and controlled 91,313,890 common shares, representing approximately 10.97 per cent of the company's issued and outstanding common shares on a non-diluted basis. Following completion of the transaction, Mr. Catril does not beneficially own or control any common shares or other securities of the company. Mr. Catril's early warning report filed under National Instrument 62-103 on Sept. 3, 2026, stated that there are no joint actors in respect of the transaction. Accordingly, Mr. Catril has ceased to be a substantial shareholder of the company for the purposes of the AIM rules.

About Galantas Gold Corp.

Galantas 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's strategy is to build long-term shareholder value through disciplined capital allocation, technically rigorous project evaluation and responsible development of high-quality mineral assets.