Disclosure regarding forward-looking statements

Certain statements on this website constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable Canadian securities laws. Such statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Statements concerning estimates of mineral resources may also be deemed to constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property in which that mineralization is contained is developed. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “believes”, “scheduled”, “forecasts”, “predicts”, “plans”, “estimates”, “intends” and other similar terminology, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements are based on assumptions and factors that may change and that may cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. Such assumptions and factors are further described in the public disclosure of Galantas Gold Corporation (“Galantas” or the “Company), including the Company’s Annual Information Form filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed under “Risk Factors”, in the Company’s current Management Discussion and Analysis and Annual Information Form filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Although the forward-looking statements contained on this website are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. Actual results may differ materially from those projected. Readers are cautioned not to put undue reliance on forward-looking statements. Information and materials on this website speak only as of the date of the applicable document or material, the date on which they were posted, or the date expressly stated, as applicable. The Company does not undertake to update website information except as required by applicable securities laws, and does not undertake to update or revise any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. Current information concerning the Company should be obtained from the Company’s public disclosure record filed under its profile on SEDAR+ at www.sedarplus.ca. 

Mineral resources and reserves

This website also contains references to estimates of Mineral Resources and Mineral Reserves. The estimation of Mineral Resources is inherently uncertain and involves subjective judgments about many relevant factors. Estimates of Mineral Reserves provide more certainty but still involve similar subjective judgments. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation (including estimated future production from the Company’s projects, the anticipated tonnages and grades that will be mined and the estimated level of recovery that will be realized), which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that ultimately may prove to be inaccurate. Mineral Resource or Mineral Reserve estimates may have to be re-estimated based on: (i) fluctuations in metal and mineral prices; (ii) results of drilling; (iii) metallurgical testing and other studies; (iv) proposed mining operations, including dilution; (v) the evaluation of mine plans subsequent to the date of any estimates and/or changes in mine plans; (vi) the possible failure to receive required permits, approvals and licenses; and (vii) changes in law or regulation. Please refer to each project’s Technical Report on the Technical Reports page of this website.

Technical Disclosure

The Mineral Resource estimates and other scientific and technical information disclosed on this website have been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and are based on or derived from the Company’s applicable current technical reports. Information on this website relating to a mineral project on a property material to the Company is subject to the assumptions, qualifications and procedures set out in the applicable technical report. Reference should be made to the full text of each applicable technical report, which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Readers should also refer to the Company’s latest continuous disclosure documents available under its profile on SEDAR+ for more detailed information regarding the scientific and technical information contained on this website.

Unless otherwise stated, Dorian L. (Dusty) Nicol (P.Geo., Chartered Geo., FAusIMM), the Company’s exploration consultant and a “qualified person” as such term is defined in NI 43-101 and AIM Rules, has reviewed and approved the scientific and technical information included on this website.

Ryan Wilson, P.Geo., Geological Mining Specialist with DRA Americas Inc. and an independent “qualified person” as such term is defined in NI 43-101, is a qualified person for the Company’s current Mineral Resource estimates on the Andacollo Gold Project.

Matthew Halliday, P.Geo., Senior Geologist Consultant with DRA Americas Inc. and an independent “qualified person” as such term is defined in NI 43-101, is a qualified person for the Company’s current Mineral Resource estimates on the Indiana Project.

Cautionary Note to U.S. Investors

For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in order to classify mineralization as a resource or a reserve. In particular, while the terms “proven mineral reserves”, “probable mineral reserves”, “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” are accepted pursuant to NI 43-101 under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. You are cautioned not to assume that any part or all of the mineral resources in these categories constitute or will ever be converted into reserves. In particular, the confidence in inferred mineral resources is insufficient to allow the meaningful application of technical and economic parameters or to enable an evaluation of economic viability. Accordingly, it cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities laws, issuers must not make any disclosure of the results of an economic analysis that includes or is based upon inferred mineral resources, except in limited circumstances.

Offer or Solicitation of Securities

The information and materials contained in or accessible through this website are provided for information purposes only. They do not constitute, and are not intended to constitute, an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction. Any offer or sale of securities of the Company will be made only in accordance with applicable securities laws and the terms of the applicable offering documents. No securities commission, exchange or similar regulatory authority has passed upon the information on this website, and no representation or warranty is made to that effect.

NO INVESTMENT ADVICE

The information and materials on this website do not constitute investment, financial, legal, tax or other professional advice and should not be relied upon in making an investment decision. Investors should review the Company’s public disclosure record and obtain advice from their own professional advisers before making any investment decision concerning securities of the Company.

SHARE PRICE QUOTES AND CHARTS

Galantas does not guarantee the sequence, accuracy or completeness of any share price quotes available on this website or other data displayed, and is not liable or responsible in any way for any delays, inaccuracies or errors in any stock price information or data or in the transmission of any stock price information or data or any investment decisions based on the stock quotes. Any share price information or data provided is not to be relied upon for any trading, business or financial purpose and Galantas will not be liable or responsible in any way for any damages, losses or costs arising from reliance upon this information or incurred as a result of the non-performance, interruption or termination for any reason whatsoever of the share price quotes or data.

DISCLAIMER AND LIMITATION OF LIABILITY

The information and materials on this website are provided on an “as is” and “as available” basis without any representation or warranty, express or implied, as to their accuracy, completeness, currency, reliability, merchantability, fitness for a particular purpose or non-infringement. Use of, and reliance on, this website and its contents are at the user’s own risk.

To the fullest extent permitted by applicable law, Galantas and its directors, officers, employees, agents and service providers will not be liable for any loss or damage arising from or in connection with access to, use of, reliance on, or inability to use this website or any information or materials contained on it, including any direct, indirect, incidental, special or consequential loss or damage, loss of profits, loss of data or business interruption.

LINKED WEBSITES

This website may contain links to websites operated by third parties. Such links are provided solely for convenience and do not constitute an endorsement by Galantas of the linked websites or any information, products or services available through them. Galantas does not control and is not responsible for the availability, accuracy, currency, completeness or content of any linked website. Access to and use of any linked website are at the user’s own risk and are subject to the terms and policies applicable to that website.

COMPLIANCE WITH LAWS

Users may access and use this website only for lawful purposes and in accordance with applicable laws and regulations. Users must not use this website in any manner that could damage, disable, overburden or impair the website, interfere with another person’s use of the website, or introduce malicious code, viruses or other harmful material.

GOVERNING LAW

This website and its use are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict-of-laws principles. Any dispute arising from or relating to this website or its use will be subject to the exclusive jurisdiction of the courts of the Province of Ontario.

GENERAL

Galantas may amend this Legal Notice at any time without prior notice. Continued use of this website following any amendment constitutes acceptance of the Legal Notice then in effect.

If any provision of this Legal Notice is determined to be invalid or unenforceable, that provision will be limited or severed to the minimum extent necessary, and the remaining provisions will continue in full force and effect. No failure or delay by Galantas in exercising any right under this Legal Notice constitutes a waiver of that right.