Galleon Gold Announces Results of Annual and Special Meeting of Shareholders

Executive Summary

• Shareholders approved all resolutions presented at the Annual and Special Meeting of Shareholders held on May 20, 2026.
• Key approvals included the election of new directors, the re-appointment of independent auditors, and a resolution regarding potential share issuances to Pan American Silver Corp.
• The Company announced its upcoming attendance at the Canadian Mining Expo in Timmins, Ontario.

Key Details

• Director Elections: Shareholders elected R. David Russell, Thomas Kofman, James T. O'Neil Jr., Mario Colantonio, Michael Hobart, and Richard F. Nanna to the Board.
• Board Transition: Director Gerhard Merkel will transition from his position on the Board to an advisory role.
• Control Person Resolution: Disinterested shareholders approved by 99.8% the potential issuance of up to 27,152,777 common shares (via warrants and a convertible debenture held by Pan American Silver Corp.) which would result in the creation of a new Control Person.
• Auditors & Stock Plan: Shareholders re-appointed Grant Thornton LLP as independent auditors and approved the continuation of the Company's stock option plan.
• Conference Attendance: The Company will attend the Canadian Mining Expo (CME) at the McIntyre Complex in Timmins, Ontario, from June 10 to June 11, 2026.