Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

Galantas Gold Corp. has released the results of its annual general and special meeting of shareholders held on Oct. 20, 2026. A total of 435,329,033 common shares of the company, representing 52 per cent of the common shares entitled to vote at the meeting, were represented in person or by proxy. All resolutions put forward at the meeting were approved. A summary of the results is set out below.

Election of directors

Shareholders elected each of the five nominees listed in the company's management information circular dated Sept. 17, 2026, being Mario Stifano, James B. Clancy, David Cather, Lawrence Roulston and Brent Omland, as a director of the company to hold office until the next annual meeting of shareholders or until his successor is elected or appointed.

Appointment of auditor

Shareholders approved the appointment of Clearhouse LLP, chartered professional accountants, as auditor of the company for the ensuing year and authorized the board of directors to determine its remuneration.

Amended and restated omnibus equity incentive compensation plan

Shareholders approved the ordinary resolution approving the company's amended and restated omnibus equity incentive compensation plan, as described in the circular.

The amended and restated plan amends and restates the company's existing omnibus equity incentive plan in connection with the proposed graduation of the company's listing from the TSX Venture Exchange to the Toronto Stock Exchange. The resolution becomes effective only upon the date on which the company's common shares are listed and posted for trading on the TSX.

Advance notice policy

Shareholders approved the ordinary resolution approving the company's advance notice policy, which establishes advance notice requirements for nominations of directors by shareholders, as described in the circular.

Further details regarding the matters approved at the meeting are set out in the circular, which is available under the company's profile on SEDAR+ and on the company's website.

About Galantas Gold Corp.

Galantas Gold 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.

We seek Safe Harbor.