Galantas Gold Increases Share Capital by Exercising 475,000 Warrants at C$0.12, Shares to Trade on AIM

Galantas Gold Completes Dual Warrant Exercises to Strengthen Capital Base

In mid-July 2026, Galantas Gold Corporation completed two separate warrant exercise transactions, reflecting active shareholder participation in the company’s financing strategy. On 16 July 2026, warrant holders exercised rights over 375,000 ordinary shares at C$0.12 each, followed by an additional 100,000 shares exercised on 20 July 2026 at the same price. These combined exercises add 475,000 shares to the company’s equity base.

Both exercises shared the identical exercise price, indicating consistent terms across the warrants. The close timing within a four-day span may suggest coordination among warrant holders or a natural exercise pattern aligned with market conditions and investor confidence. The transactions were completed smoothly without reported complications, and the company promptly applied for admission of the new shares to AIM trading.

Admission of New Shares on AIM and Share Capital Expansion

Following the warrant exercises, Galantas Gold has applied to the London Stock Exchange for admission of the 475,000 new ordinary shares to AIM, the market tailored for smaller and developing companies. The company expects trading in these shares to commence on or around 23 July 2026, consistent with standard AIM procedures for secondary share issuances from already listed entities in good standing.

The newly issued shares will rank pari passu with existing shares, ensuring equal rights and privileges for all shareholders. Upon admission, the company’s total issued share capital will reach 831,376,823 ordinary shares, representing a modest increase. Grant Thornton UK LLP, acting as AIM Nomad, oversees the regulatory compliance of this listing process.

Galantas Gold’s Chile-Focused Development Projects and Strategic Approach

Galantas Gold is a publicly traded precious metals company concentrating its investment strategy on mineral assets in Chile. The company is advancing two key projects: the Indiana Project and the Andacollo Gold Project. This geographic focus reflects Chile’s stable mining environment, robust regulatory framework, and strong geological potential for gold and copper.

The dual-project approach diversifies the company’s asset portfolio, with each project at different development stages. Galantas Gold’s corporate strategy prioritizes long-term shareholder value through disciplined capital allocation, rigorous technical evaluation, and responsible development practices. This measured growth strategy emphasizes technical excellence and community engagement while targeting both gold and copper commodities to benefit from their distinct market dynamics.

Warrant Exercise Pricing and Capital Raising Insights

The exercise price of C$0.12 per share for both warrant tranches sets a valuation floor reflecting the company’s prior capital-raising activities. Warrants serve as a structured equity financing tool, providing investors with potential upside while enabling the company to raise capital. The decision by warrant holders to exercise at this price indicates favorable market conditions and an attractive valuation relative to the exercise price.

The timing of these exercises in July 2026 may coincide with positive corporate developments or warrant maturity schedules. The straightforward nature of these transactions, with no reported disputes or regulatory issues, points to a smooth equity financing process. Capital raised through these exercises supports project development, working capital, or corporate needs without requiring additional shareholder approvals.

Impact of Share Capital Increase and Shareholder Dilution

The 475,000 warrants exercised will increase Galantas Gold’s outstanding shares to 831,376,823, resulting in approximately 0.057% dilution from this transaction. While relatively minor, investors should consider cumulative dilution from all warrant and option exercises over time.

The admission of new shares to AIM trading will affect liquidity and trading dynamics, potentially influencing bid-ask spreads and price volatility. As the new shares hold equal rights, all shareholders share equally in company value changes. The warrant exercise process preserves capital structure flexibility by avoiding the need for shareholder approval inherent in other equity issuance methods.

Regulatory Oversight and AIM Nomad Role in Listing Process

Grant Thornton UK LLP acts as Galantas Gold’s AIM Nomad, ensuring the company complies with AIM listing rules and regulatory standards during the warrant exercise and share admission process. This professional oversight assures investors of the accuracy and adequacy of admission documentation.

SP Angel Corporate Finance LLP serves as the company’s AIM Broker, providing advisory and stockbroking services. The dual appointments reflect standard governance for AIM-listed companies. As a dual-listed entity on TSX Venture Exchange and AIM, Galantas Gold complies with both Canadian and UK regulatory frameworks, coordinating filings accordingly. The TSXV’s disclaimer highlights the regulatory distinction between the exchange and issuing company responsibilities.

Warrants as Strategic Financing Instruments in Mining Sector

Galantas Gold’s use of warrants aligns with common capital financing strategies among developing mining companies, balancing immediate funding with investor incentives. Warrants offer leveraged exposure to share price appreciation, making them attractive when development milestones or discoveries enhance company value.

The staggered exercise of 375,000 and 100,000 shares may reflect different warrant series or investor groups exercising independently. Multi-year exercise periods provide flexibility for investors to time their exercises based on company performance and market conditions. This mechanism allows capital raising without triggering shareholder approvals or public equity offerings.

Project Development Focus and Shareholder Value Creation

Galantas Gold emphasizes disciplined capital deployment, technical rigor, and responsible mineral asset development to generate long-term shareholder value. The Indiana and Andacollo projects represent the company’s core assets, selected for their attractive risk-adjusted returns. Responsible development includes environmental stewardship, community engagement, and regulatory compliance, all critical to maintaining social license and company valuation.

The dual focus on gold and copper provides portfolio diversification across precious and base metals, each with distinct demand drivers. Operating in Chile leverages established mining infrastructure and skilled labor. As a development-stage company, shareholder returns depend on successful project advancement toward commercial viability. Investors should evaluate management’s execution capabilities, technical expertise, and financial resources.

Market Sentiment Reflected in July 2026 Warrant Exercises

The warrant exercises in July 2026, clustered within four days, may indicate positive investor sentiment toward Galantas Gold’s outlook and share price trajectory. Exercises often increase when share prices exceed exercise prices or when warrant expiration approaches. The absence of adverse news suggests confidence in the company’s strategic direction and project progress.

The smooth completion of exercises and AIM admission process reflects confidence from both the company and warrant holders regarding regulatory and market conditions. Investors should watch AIM trading volumes and price movements post-admission to gauge market reception of the capital structure changes and underlying corporate developments.