Mr. Mario Stifano reports

GALANTAS GOLD ANNOUNCES BOARD UPDATE

Lawrence Roulston has resigned as a director of Galantas Gold Corp., effective Nov. 2, 2026. David Cather, James Clancy and Brent Omland will serve as the members of the audit committee and compensation committee, and Mr. Omland will serve as the interim chair of the compensation committee.

Mario Stifano, chief executive officer of Galantas, commented, "On behalf of the board and management, I would like to thank Lawrence for his contributions to Galantas and his service on the board."

The board intends to strengthen its independent representation, with a view to appointing two additional independent directors before the company's next annual general meeting of shareholders, subject to identifying suitable candidates and obtaining any necessary exchange approvals.

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 Andacollo gold project in Chile and advanced exploration of the Indiana 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.