Logica Ventures closes QT, changes name

Executive Summary

• Galactic Gold Corp. (formerly Logica Ventures Corp.) has officially closed its qualifying transaction with BBG Metals Corp., resulting in a change of name to Galactic Gold Corp.
• The transaction involved a share consolidation (1-for-3) and the issuance of new shares to former BBG Metals shareholders and concurrent financing purchasers.
• Trading is expected to recommence on the TSX Venture Exchange under the symbol GGAU on or about November 5, 2025, with specific escrow and resale restrictions applied to principal and non-principal shareholders.

Key Details

• Transaction Structure: Closing of qualifying transaction with BBG Metals Corp.
• Name Change: Logica Ventures Corp. changed its name to Galactic Gold Corp.
• Share Consolidation: Common shares consolidated on a basis of one post-consolidation common share for three pre-consolidation common shares.
• Total Outstanding Shares: 49,382,778 resulting issuer shares.
• Financing Component: 18,000,000 resulting issuer shares issued to purchasers of subscription receipts from a concurrent financing completed on Oct. 10, 2025.
• BBG Metals Shareholders: 26,875,000 resulting issuer shares issued to former holders of BBG Metals common shares.
• Escrow Arrangement (Principals):
  • 10,150,000 shares held by principals are subject to exchange-mandated escrow.
  • Release schedule: 10% upon closing; 15% every six months thereafter until fully released (36-month period).
• Resale Restrictions (Non-Principals):
  • 7,575,000 shares held by non-principals are subject to seed share resale restrictions (SSRR).
  • Release schedule: 20% upon closing; 20% every three months thereafter until fully released (12-month period).
• Trading Information:
  • Exchange: TSX Venture Exchange.
  • Symbol: GGAU.
  • Trading Resumption: On or about Nov. 5, 2025.
• Corporate Identification:
  • New CUSIP: 36315L 10 7
  • New ISIN: CA 36315L 10 7 6
• Administrative Actions: Letters of transmittal to be mailed by Odyssey Trust Company for exchanging pre-consolidation certificates; no fractional shares issued (rounded down).
• New Directors and Officers:
  • Kenneth Berry: CEO and Director
  • Rajwant Kang: CFO, Corporate Secretary, and Director
  • Tom Martin: Director
  • Tiziano Romagnoli: Director
  • Meghan Brown: Director
• Legal Advisers: McMillan LLP (Galactic Gold) and Maxis Law Corp. (BBG Metals).

Notable Quotes

• None provided in the text.