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News Release for Early Warning Report Regarding Galantas Gold Corporation
BERKSHIRE, England, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Ocean Partners Holdings Limited (“Ocean Partners”), a company with a head office of The Pearce Building, Third Floor, West Street, Maidenhead, Berkshire, SL6 1RL, United Kingdom, announced that on December 31, 2025, Ocean Partners acquired, through Ocean Partners UK Ltd., a wholly-owned subsidiary, 35,937,500 units of securities (each, a “Unit”) of Galantas Gold Corporation (“Galantas”), a company with a head office of 82 Richmond Street East
About this update from Galantas Gold Corporation
[{"type":"text","content":"BERKSHIRE, England, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Ocean Partners Holdings Limited (“Ocean Partners”), a company with a head office of The Pearce Building, Third Floor, West Street, Maidenhead, Berkshire, SL6 1RL, United Kingdom, announced that on December 31, 2025, Ocean Partners acquired, through Ocean Partners UK Ltd., a wholly-owned subsidiary, 35,937,500 units of securities (each, a “Unit”) of Galantas Gold Corporation (“Galantas”), a company with a head office of 82 Richmond Street East, Suite 201, Toronto, Ontario, M5C 1P1, Canada, at a price of $0.08 per Unit, with each Unit comprised of one common share of Galantas (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”) pursuant to a brokered private placement completed by Galantas, and 7,812,500 Common Shares, at a price of $0.08 per Common Share, pursuant to a non-brokered private placement completed by Galantas pursuant to a debt settlement agreement (collectively, the “Acquisition”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.12 for a period of 36 months following closing.","length":1124,"tagName":"p"},{"type":"text","content":"Prior to the Acquisition, Ocean Partners owned, directly or indirectly, or exercised control or direction over 5,269,447 Common Shares, which represented 4.0% of the total number of issued and outstanding Common Shares on a non-diluted basis. Ocean Partners also held 1,422,222 Common Share purchase warrants (each, a “Pre-Existing Warrant”). If all of the Pre-Existing Warrants were exercised prior to the Acquisition, Ocean Partners would have owned, directly or indirectly, or exercised control or direction over, 6,691,669 Common Shares, which represented 5.0% of the total number of issued and outstanding Common Shares on a partially-diluted basis.","length":654,"tagName":"p"},{"type":"text","content":"Following the Acquisition, Ocean Partners now owns, directly or indirectly, or exercises control or direction over, 49,019,447 Shares, which represent 10.7% of the total number of issued and outstanding Common Shares on a non-diluted basis. If all of the Warrants and Pre-Existing Warrants were exercised, Ocean Partners would own, directly or indirectly, or exercise control or direction over, 86,379,169 Common Shares, which represent 17.7% of the total number of issued and ou...