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Financings

Galloper Gold Announces Non-Brokered Private Placement

By The Northwire Desk — AI Analysis Jan 13, 2026 · 08:01 BOOM · 0.065 Galloper Gold Corp.
BOOM · Price

Executive Summary

  • Galloper Gold Corp. announced a non‑brokered private placement of up to 25 million units at $0.06 per unit, targeting gross proceeds of up to $1.5 million.
  • Each unit consists of one common share and one warrant (exercisable at $0.09 per share for three years).
  • Net proceeds will fund the company’s 2026 exploration program and general working capital; a strategic investor has committed up to $250,000.

Key Details

  • Units Offered: Up to 25,000,000 units.
  • Pricing: $0.06 per unit → maximum gross proceeds of $1,500,000.
  • Unit Composition: 1 common share + 1 common share purchase warrant.
  • Warrant Terms: Each warrant allows purchase of one additional share at $0.09; exercisable for three (3) years from issuance date.
  • Strategic Investor Commitment: Up to $250,000 participation.
  • Use of Proceeds: Commencement of 2026 exploration program and general working capital purposes.
  • Regulatory Notes: Placement is non‑brokered, subject to CSE approval; securities will be subject to statutory hold periods under Canadian law.
  • Finder’s Fees: Company may pay eligible finders in accordance with applicable securities laws and CSE policies.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Resource Estimate