Galantas Gold Reports Warrant Exercise Enhancing Share Capital

Galantas Gold Corporation, listed on TSXV and AIM under the ticker GAL, has announced the exercise of 39,000,000 common share purchase warrants by shareholder Eric Sprott. These warrants were exercised at C$0.12 per share, originally issued in December 2025. Post-exercise, Sprott's holdings amount to 99,166,667 shares, representing 19.9% of Galantas' share capital.

In addition, another 1,500,000 warrants were exercised on April 13, 2026. This activity will lead to an application for the admission of 40,500,000 new shares to trade on the AIM. The transaction is expected to become effective around April 21, 2026. Post-admission, the total issued share capital will comprise 499,363,772 ordinary shares.