BRIEF

on Galantas Gold Corporation (CVE:GAL)

Galantas Gold Corporation Allocates RSUs and Stock Options

On July 4, 2026, Galantas Gold Corporation granted 33,650,000 restricted share units (RSUs) to its directors, officers, employees, and consultants. This allocation aligns with the company's omnibus equity incentive plan, approved by shareholders on June 15, 2026. These RSUs will vest in three tranches, completing by January 1, 2029.

The company's board can choose how to settle these RSUs, be it in shares, cash, or a combination. If an RSU expires during a company-imposed closed period, its expiry is extended by 10 business days post-closure.

Also on July 4, 2026, 775,000 incentive stock options were granted to consultants, with an exercise price of $0.55 and expiring five years from the grant date. Currently, RSUs and options comprise 4.71% of Galantas's outstanding shares.

R. H.

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