Announcement • Jun 17
Galantas Gold Corporation Announces Chief Financial Officer Changes Galantas Gold Corporation announced that it had appointed Andreas L’Abbé as its non-Board Chief Financial Officer, effective July 1, 2026. Mr. L'Abbé is a Chartered Professional Accountant (CPA) and Chartered Accountant (CA) and brings over 20 years of financial and accounting experience in the mining sector. Most recently, he served as Chief Financial Officer and Corporate Secretary of Discovery Silver Corp., where he played a key role in its growth and transformation into a mid-tier producer. He has also held senior finance and strategy roles with a number of producing mining companies, including Director of Finance at Tahoe Resources Inc. and Vice President, Finance at Timmins Gold Corp. On behalf of the Board of Directors, the company would also like to thank Alan Buckley for his contributions to the Company and wish him continued success in his future endeavours. Announcement • May 29
Galantas Gold Corporation announced that it has received CAD 85.0003 million in funding from Ocean Partners UK Limited, Melquart Limited and another investor On May 28, 2026, Galantas Gold Corporation closed the transaction. The company announced that it has issued 154,546,000 units at the price of CAD 0.55 per unit for the gross proceeds of CAD 85,000,300. Each Unit will consist of one common share and one half of share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at an exercise price of CAD 0.80 at any time on or before that date which is 24 months from the issuance. As compensation for their services, the Company paid to the Agents a cash commission of CAD 5,000,022.50 representing approximately 5.0% of the aggregate gross proceeds of the Offering (including gross proceeds from the Agents' Option); and issued to the Agents 7,272,750 compensation warrants ("Compensation Warrants"). Each Compensation Warrant entitles the holder thereof to acquire one Share at the Offering Price for a period of 24 months from the date hereof. Certain "Insiders" of the Company (as such term is defined under the policies of the TSX Venture Exchange (the "TSXV")) purchased an aggregate of 52,764,000 Units under the Offering, The transaction included participation from returning investors Ocean Partners UK Limited ("Ocean Partners") participated in the Offering for 14,600,000 Units, Melquart Limited for 1,800,000 Units and Eric Sprott (through 2176423 Ontario Ltd.) participated in the Offering for 36,364,000 Units. Following the completion of the Offering, Ocean Partners and Eric Sprott hold approximately 13.32% and 18.45% of the issued and outstanding Shares, respectively. Any securities issued under the Offering will be subject to a hold period in accordance with applicable Canadian securities laws, expiring four months and one day following the date hereof. The Offering was led by Canaccord Genuity Corp. ("Canaccord") as lead agent and sole bookrunner on behalf of a syndicate of agents including Haywood Securities Inc., SCP Resource Finance LP and BMO Nesbitt Burns Inc. (collectively with Canaccord, the "Agents"). Announcement • May 12
Galantas Gold Corporation announced that it expects to receive CAD 85.0003 million in funding Galantas Gold Corporation has announced a brokered private placement on a best efforts to issue 154,546,000 units at the price of CAD 0.55 per unit for the gross proceeds of CAD 85,000,300 on May 10, 2026. Each Unit will consist of one common share and one half of share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at an exercise price of CAD 0.80 at any time on or before that date which is 24 months from the issuance. The Company has granted the Agent an option, which will permit the Agent to sell up to 27,273,000 additional Units at the Issue Price for additional gross proceeds of up to CAD 15,000,000. Closing of the Offering is expected to occur on May 28, 2026, or such other date as agreed between the company and the agent and is subject to obtaining the required approvals of the TSXV and satisfaction of customary closing conditions. All the securities issued in the offering is subject to a hold period of 4 months and 1 day from date of issuance.