Galloper Gold Closes $2.5M Non-Brokered Private Placement

Executive Summary

• Galloper Gold Corp. closed a non‑brokered private placement of 41,666,667 units at $0.06 per unit, generating gross proceeds of $2,500,000.
• Each unit includes one common share and one warrant exercisable at $0.09 until February 9, 2029.
• Net proceeds will fund the company’s 2026 exploration program and general working capital.

Key Details

• Units Issued: 41,666,667 units (each = 1 common share + 1 warrant).
• Price per Unit: $0.06.
• Aggregate Gross Proceeds: $2,500,000.
• Warrant Terms: Exercise price $0.09 per share; exercisable until February 9, 2029.
• Finder’s Fees Paid: $31,184.85 in cash to Haywood Securities Inc., Ventum Financial Corp., Research Capital Corporation, Canaccord Genuity Corp., and BMO Nesbitt Burns Inc.
• Statutory Hold Periods: All securities subject to Canadian statutory hold periods and CSE Exchange Hold requirements.
• Use of Proceeds: Commencement of 2026 exploration program; general working capital.
• Regulatory Disclosures: Securities not registered under U.S. securities laws; offering limited to exempt jurisdictions.

Notable Quotes

“We are thrilled to have closed this private placement in such a short period of time with unprecedented support from our investors and partners. We are now in a very strong position to commence and deliver on our 2026 plan.” – Hratch Jabrayan, CEO