NEWS RELEASE FOR EARLY WARNING REPORT REGARDING GALANTAS GOLD CORPORATION

SAN PEDRO DE LA PAZ, BIOBÍO REGION, Chile, Sept. 3, 2026 /CNW/ -- Luis Enrique Catril Espinoza ("Mr. Catril") announces that, on August 21, 2026, he disposed (the "Disposition") of an aggregate of 91,313,890 common shares (each, a "Common Share") in the capital of Galantas Gold Corporation (the "Issuer") at a price of CAD$0.42 per Common Share. The Disposition was carried out pursuant to a private share purchase agreement dated August 17, 2026, between Alpayana S.A.C. and Mr. Catril (the "Share Purchase Agreement").

Prior to the Disposition, Mr. Catril beneficially owned and controlled an aggregate of 91,313,890 Common Shares in the capital of the Issuer, representing approximately 10.97% of the issued and outstanding Common Shares of the Issuer on a non-diluted basis. Upon completion of the Disposition, Mr. Catril did not beneficially own or control any securities of the Issuer.

The Disposition was carried out pursuant to the terms of the Share Purchase Agreement. Mr. Catril may acquire or dispose of additional securities of the Issuer including on the open market or through private transactions in the future, depending on market conditions, general economic and industry conditions, the Issuer's business and financial condition and/or other relevant factors.

Mr. Catril is filing this news release and a related early warning report in accordance with the requirements of National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. A copy of the related early warning report will be filed under the Issuer's profile on SEDAR+ at www.sedarplus.ca and may be obtained from the contact below.

SOURCE Luis Enrique Catril Espinoza

For further information, please contact: Luis Enrique Catril Espinoza, Camino del Árbol 405, Office 907, Idahue, San Pedro de la Paz, Biobío Region, Chile, Email: [email protected]