Mr. Ken Berry reports

GALACTIC GOLD CORP. ANNOUNCES FINDERS FEE, DEBT SETTLEMENT AND STOCK OPTIONS

Galactic Gold Corp. will settle outstanding indebtedness of $25,000 through the issuance of 113,636 common shares of the corporation at a deemed price of 22 cents per common share. The common shares issued in connection with the debt settlement will be subject to a hold period of four months from the date of closing. The debt settlement is subject to the approval of the TSX Venture Exchange, and all shares are being issued to arm's-length parties.

The company also announces stock options have been granted to consultants and a director to purchase up to an aggregate total of 600,000 shares, and it has issued restricted share and deferred share units totalling 200,000 common shares. The stock options have been granted at a price of 22 cents per common share for a period of two years.

About Galactic Gold Corp.

Galactic Gold is a resource development company focused on unlocking the full potential of its 100-per-cent-owned Hardrock West properties, located in the top-tier mining jurisdiction of Ontario. Over 57 kilometres of combined strike length along two major gold-bearing structures and 10 kilometres away from Equinox Gold's Greenstone mine. With 15,000 hectares (37,000 acres), Galactic Gold is positioned between Equinox Gold's Greenstone mine and Equinox's Brookbank deposit along what Laurentian University in its metal earth research has identified as superstructures across the Galactic gold property underscoring the project's strong value creation potential.

We seek Safe Harbor.