This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding the terms of the Transaction, the expected timing and conditions of closing of the Transaction, funding sources, the exploration and production potential of the Project, and future plans to evaluate and advance the Company’s mineral projects, including the Project, following completion of the Transaction. Forward-looking statements are based on estimates and assumptions made by Galantas in light of its experience, perception of historical trends, current conditions, and expected future developments, as well as other factors that Galantas believes are appropriate in the circumstances.