Star Metro - Galantas Gold Announces the Exercise of Warrants

NYSE - LSE

RYCEF	0.91%	16.5	$
CMSD	0.17%	23.29	$
CMSC	0.04%	22.88	$
RBGPF	0.13%	63.18	$
NGG	0.16%	87.64	$
BCE	0.71%	24.1	$
BCC	-3.05%	72.13	$
RELX	-0.55%	36.16	$
VOD	-1.97%	15.74	$
RIO	1.86%	100.5	$
GSK	-1.03%	50.38	$
BTI	1.77%	59.4	$
JRI	0.84%	13.04	$
AZN	-1.22%	181.24	$
BP	-0.95%	46.5	$

Galantas Gold Announces the Exercise of Warrants

THINGS TO KNOW 16.04.2026

Galantas Gold Announces the Exercise of Warrants

TORONTO, ON / ACCESS Newswire / April 16, 2026 / Galantas Gold Corporation (TSXV:GAL)(AIM:GAL) ("Galantas" or the "Company") announces that it has received notification from shareholder Eric Sprott, that 2176423 Ontario Ltd., a corporation beneficially owned by him, exercised 39,000,000 common share purchase warrants of the Company at an exercise price of C$0.12 per ordinary share pursuant to the issuance of the share purchase warrant as announced on 31 December 2025. Following the exercise of the share purchase warrant, Mr. Sprott will hold approximately 99,166,667 ordinary shares equal to 19.9% of the Company's issued share capital.

Text size:

On 13 April 2026, an additional 1,500,000 common share purchase warrants in the Company were exercised at an exercise price of C$0.12 per ordinary share.

Application will be made to the London Stock Exchange for the 40,500,000 new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new ordinary shares on AIM will commence on or around 21 April 2026. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company.

Following Admission, the Company's issued share capital will consist of 499,363,772 ordinary shares.

About Galantas Gold Corporation

Galantas Gold Corporation is a publicly traded gold company focused on the acquisition, development, and advancement of gold assets in stable mining jurisdictions. The Company is currently advancing the Indiana Project in Chile toward production.

Galantas' strategy is to build long-term shareholder value through disciplined capital allocation, technically rigorous project evaluation, and responsible development of high-quality mineral assets.

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. The Company is admitted to trading on AIM and accordingly, further disclosure on the matter can be found on the Company's profile on the London Stock Exchange website.

Enquiries

Galantas Gold Corporation
Mario Stifano: Chief Executive Officer
Email: [email protected]
Website: www.galantas.com
Telephone: +1 416-848-7744

Grant Thornton UK LLP (AIM Nomad)
Philip Secrett, Harrison Clarke, Elliot Peters
Telephone: +44(0)20 7383 5100

SP Angel Corporate Finance LLP (AIM Broker)
David Hignell, Charlie Bouverat (Corporate Finance)
Grant Barker (Sales & Brokering)
Telephone: +44(0)20 3470 0470

SOURCE: Galantas Gold Corporation

View the original press release on ACCESS Newswire

L.Girard--SMC

Featured

100 years on Earth: Iconic naturalist Attenborough marks century

David Attenborough, a leading voice on climate change and biodiversity loss whose landmark documentaries transformed popular understanding of the natural world for a global audience, marks his 100th birthday on Friday.

Boycott-hit 70th Eurovision celebrated under high security

With provocative songs and glittering performances, the Eurovision Song Contest's festive 70th edition in Vienna next week will be held under tight security in the shadow of controversy sparked by Israel's participation.

Apex Widens and Extends Newly Discovered Zone with Significant NdPr Enrichment (>30%)

Highlights:Significant expansion of the newly discovered very highly-enriched NdPr Horizon (herein termed "Neo Zone") at the bottom of hole RIFT26-003 with intercepts including:13.5 m at 1.08% REO (31.7% NdPr)17.2 m at 0.89% REO (39.4% NdPr)22.7 m at 0.79% REO (32.8% NdPr) incl. 10.9 m at 0.99% REO (30.1% NdPr)10.5 m at 0.91% REO (35.2% NdPr)4.7 m at 0.71% REO (51.6% NdPr)4.2 m at 1.31% REO (33.0% NdPr) highlighting potential for significantly higher REO grades at higher NdPr distributions.NdPr represents the highest value component in most rare earth deposits due to its critical use in high-strength permanent magnets.NdPr distributions of 30-50% at appreciable REO grade in RIFT26-003 are significantly higher than the 14-20% typical of carbonatite-hosted REE deposits globally.For example, NdPr enrichment reported on herein is consistently more than double that of the only operating rare earth mine in North America (MP Materials' Mountain Pass), which reports an NdPr ratio of 16.4% (3)NdPr enrichment has now been confirmed over >120 m strike length between RIFT-003 and RIFT-002 (10.0 m at 0.75% REO and 49.0% NdPr - See News Release Dated April 7, 2026). The Neo Zone mineralization remains open in all directions.RIFT-003 also intersected a very high-grade zone higher up in the hole (80.0 m at 2.29% REO including 23.7 m at 4.02% REO) with more typical NdPr distributions (See News Release Dated April 28, 2026).Sean Charland, CEO of Apex Critical Metals, commented: "These results are a major step forward for the project, demonstrating NdPr content over significant intervals and strike far greater than that of typical carbonatites. Results to-date define two seemingly distinct mineralized horizons with a high-grade shallower rare earth oxide zone and a second horizon with exceptional NdPr enrichment, both of which remain wide open for expansion. Results continue to exceed expectations and point towards the potential for a high-value rare earth discovery at a time when demand for critical magnet metals continues to grow. With the addition of four new drill holes and drilling ongoing, we are well-positioned to continue expanding and defining the extent and strength of this system."

Pulitzers honor damning coverage of Trump and his policies

Coverage of the Trump administration dominated the Pulitzer Prizes announced Monday as the prize committee unleashed a searing attack on US President Donald Trump's attempts to limit freedom of reporting.