Galloper Gold Announces Non-Brokered Private Placement

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.)