April 30, 2024, TORONTO, CANADA – Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) reports that it has awarded 3,175,000 incentive stock options on the Company’s common shares to directors, employees and consultants, in accordance with the terms of the Company’s incentive Stock Option Plan. The exercise price for the options, which expire on April 29, 2029, is C$0.23 per share and the grant of these options was approved by the Board of Directors on April 23, 2024. The options will vest as to one third immediately and one third on each of April 29, 2025 and April 29, 2026, and are valid for a 5-year period from the date of grant.

The number of options issued to directors, employees and consultants are noted below:

Name of Optionee Position Number of Options
James Clancy Director 125,000
Róisín Magee Director & Chair 200,000
Mario Stifano Director & Officer 1,000,000
Brent Omland Director & Strategic Advisor 125,000
David Cather Director 125,000
Brendan Morris Officer 250,000
Alan Buckley Officer 250,000
George Duguay Officer 75,000
Employees and Consultants Various 1,025,000
Total Options Granted 3,175,000
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