Galantas Gold Grants RSUs and Stock Options

About this update from Galantas Gold Corporation

TORONTO, ON / ACCESS Newswire / July 6, 2026 / Galantas Gold Corporation (TSX-V:GAL)(AIM:GAL) ("Galantas" or the "Company") reports that on 4 July 2026 (the "Date of Grant"), the Board allotted and reserved 33,650,000 restricted share units of the Company ("RSUs") to certain directors, officers, employees and consultants of the Company ("Participants"), consisting of a right to receive a share, cash payment or a combination thereof upon settlement of such RSU in accordance with the Company's omnibus equity incentive plan, which was approved by the Company's shareholders on June 15, 2026 (the "Plan"). The method of settlement of the RSUs is fully at the discretion of the Board as administrators of the Plan. The RSUs will vest in accordance with the following schedule: If an RSU expires during a closed period imposed by the Company or at a time when undisclosed material information exists, the expiry date of the RSU will automatically extend to the date that is 10 business days after the closed period is lifted. The Company also reports that on 4 July 2026, it granted 775,000 incentive stock options ("Options") to consultants, pursuant to the Company's Plan which was approved by the Company's shareholders on June 15, 2026. 500,000 Options have been granted to a consultant and will vest immediately. The remaining 275,000 Options have been granted to another consultant, vesting in four equal tranches over the next 12 months. The exercise price for the Options is $0.55, and the Options shall expire on the date which is five (5) years from the Date of Grant. The Company's Plan allows for the aggregate number of shares that may be reserved for issuance under this Plan as up to 10% percent of the Corporation's issued and outstanding shares. The total number of shares under the Plan outstanding prior to this award was 4,630,000, which results in the total number of shares now outstanding for the Company being 39,055,000, representing 4.71% of the Company's issued and outstanding shares, which total 829,625,590.

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