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BERKSHIRE, England, June 03, 2026 (GLOBE NEWSWIRE) -- Ocean Partners Holdings Limited ('Ocean Partners”), a company with a head office of The Pearce Building, Third Floor, West Street, Maidenhead, Berkshire, SL6 1RL, United Kingdom, announced that on May 12, 2026, it acquired, through Ocean Partners UK Ltd. ('OP UK”), a wholly-owned subsidiary, ownership of 35,937,500 Common Shares (each, a 'Common Share”) of Galantas Gold Corporation ('Galantas”), a company with a head office of 82 Richmond Street East, Suite 201, Toronto, Ontario, M5C 1P1, Canada, pursuant to the exercise of 35,937,500 Common Share purchase warrants at an exercise price of $0.12 each (the 'Warrant Exercise”), and on May 28, 2026, it acquired, through OP UK, ownership of 14,600,000 units of securities (each, a 'Unit”) of Galantas at a price of $0.55 per Unit, with each Unit comprised of one Common Share and one-half of one Common Share purchase warrant (each, a 'Warrant”) pursuant to a brokered private placement completed by Galantas (the 'Acquisition”). Each whole Warrant entitles the holder thereof to acquire one Common Share at a price of $0.80 for a period of 24 months following closing, subject to adjustment and acceleration in certain circumstances as set out in the warrant indenture between Galantas and TSX Trust Company.