Galantas Report Financial Results for the Quarter Ended September 30, 2025

Core Viewpoint - Galantas Gold Corporation reported its unaudited financial results for the third quarter of 2025, highlighting a significant net loss and changes in operational expenses compared to the previous year [1]. Financial Highlights - Revenue for the quarter ended September 30, 2025, was $0, consistent with the same quarter in 2024 [2]. - Total costs and expenses of operations decreased to $15,569 from $22,283 year-over-year [2]. - The net loss for the quarter was $5,004,687, a substantial increase from a loss of $740,629 in the same quarter of 2024 [3]. - Cash inflow from operating activities before changes in non-cash working capital was $146,134, up from $21,801 in the previous year [3]. - The cash balance at September 30, 2025, was $19,943, a decrease from $383,011 at the same date in 2024 [4]. - The working capital deficit improved to $2,557,662 from $14,098,845 year-over-year [4]. - The company recorded a loss on disposal of interest in subsidiaries amounting to $2,885,663, compared to $0 in the previous period [4]. Operational Insights - The company has maintained a zero lost time accident rate since the start of underground operations, emphasizing its commitment to safety [5]. - Environmental monitoring indicates a high level of regulatory compliance [5].