Galantas Gold Grants RSUs and Stock Options

Rhea-AI Summary

Galantas Gold (OTCQX:GALKF) granted 33,650,000 restricted share units and 775,000 stock options under its omnibus equity incentive plan approved on June 15, 2026.

RSUs vest in three tranches from July 2027 to January 2029. Outstanding awards under the plan now total 39,055,000 shares, or 4.71% of 829,625,590 issued shares.

Positive

• Equity incentives align management, employees and consultants with shareholder returns over multi-year periods
• RSUs vest over three dates from 2027 to 2029, supporting longer-term retention
• Total awards of 39,055,000 shares remain within the plan’s 10% share reserve limit

Negative

• New 33,650,000 RSUs and 775,000 options increase potential dilution to 4.71% of shares
• Significant portion of RSUs allocated to senior management and directors, increasing equity overhang

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TORONTO, ON / ACCESS Newswire / July 6, 2026 / Galantas Gold Corporation (TSX-V:GAL)(AIM:GAL) ("Galantas" or the "Company") reports that on 4 July 2026 (the "Date of Grant"), the Board allotted and reserved 33,650,000 restricted share units of the Company ("RSUs") to certain directors, officers, employees and consultants of the Company ("Participants"), consisting of a right to receive a share, cash payment or a combination thereof upon settlement of such RSU in accordance with the Company's omnibus equity incentive plan, which was approved by the Company's shareholders on June 15, 2026 (the "Plan"). The method of settlement of the RSUs is fully at the discretion of the Board as administrators of the Plan.

Participant	Role at the Company	RSUs
Mario Stifano	Chief Executive Officer	10,000,000
Roisin Magee	Director	2,000,000
David Cather	Director	1,250,000
James Clancy	Director	1,250,000
Brent Omland	Director	1,250,000
Lawrence Roulston	Director	1,250,000
Dorian L. Nicol	Geologist Consultant	1,250,000
Robert Sedgemore	Senior Vice President, Operations	1,250,000
Andreas L'Abbe	Chief Financial Officer	2,500,000
Alan Buckley	Consultant	500,000
George Duguay	Corporate Secretary	650,000
Others	Officers, employees and consultants	10,500,000
TOTAL		33,650,000

The RSUs will vest in accordance with the following schedule:

(a)		1/3 of the RSUs will vest on July 4, 2027;
(b)		1/3 of the RSUs will vest on January 1, 2028; and
(c)		1/3 of the RSUs will vest on January 1, 2029;

If an RSU expires during a closed period imposed by the Company or at a time when undisclosed material information exists, the expiry date of the RSU will automatically extend to the date that is 10 business days after the closed period is lifted.

The Company also reports that on 4 July 2026, it granted 775,000 incentive stock options ("Options") to consultants, pursuant to the Company's Plan which was approved by the Company's shareholders on June 15, 2026.

500,000 Options have been granted to a consultant and will vest immediately. The remaining 275,000 Options have been granted to another consultant, vesting in four equal tranches over the next 12 months. The exercise price for the Options is $0.55, and the Options shall expire on the date which is five (5) years from the Date of Grant.

The Company's Plan allows for the aggregate number of shares that may be reserved for issuance under this Plan as up to 10% percent of the Corporation's issued and outstanding shares. The total number of shares under the Plan outstanding prior to this award was 4,630,000, which results in the total number of shares now outstanding for the Company being 39,055,000, representing 4.71% of the Company's issued and outstanding shares, which total 829,625,590.

About Galantas Gold Corporation

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

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries

Galantas Gold Corporation
Mario Stifano: Chief Executive Officer
Email: info@galantas.com
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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities
a)	Name	Mario Stifano Roisin Magee David Cather James Clancy Brent Omland Lawrence Roulston Dorian L. Nicol Robert Sedgemore Andreas L'Abbe Alan Buckley George Duguay
2	Reason for the notification
a)	Position/status	Chief Executive Officer Director Director Director Director Director Geologist Consultant Senior Vice President, Operations Chief Financial Officer Consultant Corporate Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galantas Gold Corporation
b)	LEI	213800JKVPLLKO4KVB93
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES CA36315W3012
b)	Nature of the transaction	Grant of Restricted Share Units (RSUs)
c)	Price(s) and volume(s)	No price due to the nature of the transaction Volumes 10,000,000 2,000,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 2,500,000 500,000 650,000
d)	Aggregated information - Aggregated volume - Price	23,150,000 N/A
e)	Date of the transaction	2 July 2026
f)	Place of the transaction	Outside of a trading venue

SOURCE: Galantas Gold Corporation

View the original press release on ACCESS Newswire

FAQ

What equity incentives did Galantas Gold (GALKF) grant on July 4, 2026?

Galantas Gold granted 33,650,000 RSUs and 775,000 stock options on July 4, 2026. According to Galantas, these awards were issued under its omnibus equity incentive plan approved by shareholders on June 15, 2026.

How will the new Galantas Gold (GALKF) RSUs vest over time?

The new RSUs will vest in three equal tranches over about 18 months. According to Galantas, one-third vests July 4, 2027, one-third on January 1, 2028, and the final third on January 1, 2029.

What is the potential dilution from Galantas Gold’s (GALKF) equity incentive plan after this grant?

After this grant, 39,055,000 shares are reserved or outstanding under the plan. According to Galantas, this represents 4.71% of its 829,625,590 issued and outstanding shares, within the plan’s 10% limit.

What are the terms of the new Galantas Gold (GALKF) stock options granted to consultants?

Galantas granted 775,000 options to consultants at an exercise price of $0.55. According to Galantas, 500,000 options vest immediately, 275,000 vest quarterly over 12 months, and all expire five years from the July 4, 2026 grant date.

Who are the main recipients of Galantas Gold (GALKF) RSUs in July 2026?

The CEO, Mario Stifano, received 10,000,000 RSUs, with directors and key executives receiving additional grants. According to Galantas, the balance was allocated to other officers, employees and consultants, totaling 33,650,000 RSUs.

How does Galantas Gold’s (GALKF) equity plan limit share issuance?

The equity plan allows reserving up to 10% of issued and outstanding shares for awards. According to Galantas, after the July 2026 grants, 39,055,000 shares are tied to the plan versus 829,625,590 total issued shares.