Latest news with #GalloperGoldCorp

Yahoo
28-05-2025
- Business
- Yahoo
Galloper Announces Option Grant
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") announces that it has granted incentive stock options to purchase a total of 400,000 common shares at an exercise price of $0.05 per common share for a period of 12 months to certain directors in accordance with the provisions of its omnibus equity incentive plan. About Galloper Gold Corp. Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover Island Property, where the historic Lucky Smoke gold occurrence was recently expanded through drilling, consists of 532 mining claims totaling 13,300 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares. For more information, please visit and the Company's profile on SEDAR+ at On behalf of the Board of Directors, Mr. Hratch JabrayanCEO and DirectorGalloper Gold Corp. Company Contact: info@ 778-655-9266 Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Associated Press
01-05-2025
- Business
- Associated Press
Mr. Stephen Shea, Former Managing Partner, Talent at Ernst & Young Joins Galloper Gold Board of Directors
VANCOUVER, BC / ACCESS Newswire / May 1, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC:GGDCF) (the 'Company' or 'Galloper') is pleased to announce that Mr. Stephen Shea CA-CPA, a former Executive and Senior Partner at E&Y has joined Galloper's Board of Directors. As Managing Partner, Talent at EY, Mr. Shea was a critical member of the Canadian Firm's Executive Committee for more than a decade until his retirement in 2022. EY Canada is an integrated professional services firm with more than 400 partners, 6,500 professionals and revenue more than $1.5 billion. Amongst other board and senior executive positions, Mr. Shea served on EY's Executive Committee from 2010-2022, he also was a member of EY Americas Talent Executive Committee 2010-2022. Earlier in his career, in the audit practice, Mr. Shea served the gold mining industry working with the Dome Mines Group which eventually evolved into Barrick Gold Corporation. This experience included working with exploration stage projects, new mine construction (Detour Lake) and acquisitions. Galloper's CEO, Mr. Hratch Jabrayan, commented: 'I am delighted that Stephen has joined our Board as we continue the process of turning Galloper into a leading junior gold company in Newfoundland with our flagship Glover Island asset Importantly, As a Global Client Coordinating and Consulting Partner in the resource sector, Stephen vast experience in EY's integrated client service delivery will bring immense value to Galloper as we strategically move forward with our exploration plans in 2025 and onwards. Mr. Shea commented: 'I am thrilled to be joining an executive group which has the potential and ability to drive this early-stage exciting project forward. I'm looking forward to assisting Hratch and the Galloper team in bringing value to our shareholders.' Mr. Shea has a Bachelor of Science (Honours) from University of Toronto, and an MBA from Schulich School of Business, York University and is a graduate of the Senior Leadership Program at Harvard University. To make room for Mr. Shea on the Galloper Board, Mr. Mark Scott has resigned as a Director of the Company. Galloper thanks Mr. Scott for his contributions as a Director. Figure 1 - 'Four Corners' Mining Region of Western Newfoundland Investors are cautioned that mineralization on adjacent properties is not necessarily indicative of the mineralization at Glover Island or the potential for a resource. Figure 2 - Glover Island Property Map Acknowledgment - Newfoundland & Labrador Junior Exploration Assistance Program Galloper Gold acknowledges the financial support of the Junior Exploration Assistance Program, Department of Natural Resources, Government of Newfoundland and Labrador. About Galloper Gold Corp. Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its flagship Glover Island Property, 24 km southeast of Corner Brook, and its Mint Pond prospect in the Gander area. Galloper completed the first diamond drilling program at Glover Island since 2012 in 2024, completing six holes and is preparing for a robust drill program in 2025. For more information please visit and the Company's profile on SEDAR+ at On behalf of the Board of Directors, Mr. Hratch Jabrayan CEO and Director Galloper Gold Corp. Company Contact: [email protected] Tel: 778-655-9266 Investor Relations: MarketSmart Communications Tel: 877-261-4466 Forward-Looking Statements This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words 'anticipate', 'plan', 'continue', 'expect', 'estimate', 'objective', 'may', 'will', 'project', 'should', 'predict', 'potential' and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure. Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE: Galloper Gold Corp. press release

Associated Press
30-04-2025
- Business
- Associated Press
Galloper Announces Closing of Non-Brokered Private Placement
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / April 30, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the 'Company' or 'Galloper') announces that, further to its news release of April 15, 2025, it has closed its non-brokered private placement issuing 3,482,024 units of the Company ('Units') at a price of $0.041 per Unit with strategic investors raising gross proceeds $142,763 (the 'Private Placement'). Each Unit consists of one common share (a 'Common Share') and one-half of a Common Share purchase warrant (a 'Warrant'), with each full Warrant exercisable to purchase one Common Share at a price of $0.05 for 12 months from the date of issuance. The Company paid finder's fees of $2,601.04 cash and 63,440 finder's warrants (the 'Finder's Warrants') to Ventum Financial Corp. Each Finder's Warrant is non-transferable and exercisable to purchase one Common Share at a price of $0.05 for 12 months from the date of issuance. The Company intends to use the net proceeds from the Private Placement for general working capital purposes. All securities issued under the Private Placement are subject to statutory hold periods expiring four months from the date of closing of the Private Placement. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. About Galloper Gold Corp. Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover Island Property, where the historic Lucky Smoke gold occurrence was recently expanded through drilling, consists of 532 mining claims totaling 13,300 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares. For more information please visit and the Company's profile on SEDAR+ at On behalf of the Board of Directors, Mr. Hratch Jabrayan CEO and Director Galloper Gold Corp. Company Contact: [email protected] Tel: 778-655-9266 Forward-Looking Statements This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words 'anticipate', 'plan', 'continue', 'expect', 'estimate', 'objective', 'may', 'will', 'project', 'should', 'predict', 'potential' and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure. Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE: Galloper Gold Corp. press release

Associated Press
15-04-2025
- Business
- Associated Press
Galloper Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / April 15, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the 'Company' or 'Galloper') is pleased to announce that it has arranged a non-brokered private placement of up to 3,658,537 units of the Company ('Units') at a price of $0.041 per Unit with strategic investors for aggregate gross proceeds of up to $150,000 (the 'Private Placement'). Each Unit will consist of one common share (a 'Common Share') and one-half of a Common Share purchase warrant (a 'Warrant'), with each full Warrant exercisable to purchase one Common Share at a price of $0.05 for 12 months from the date of issuance. The Company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange ('CSE'). The Private Placement is subject to approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement. The Company intends to use the net proceeds from the Private Placement for general working capital purposes. The Company will not be proceeding with any further tranches of its previously announced Private Placement of Units at $0.05 per Unit. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. About Galloper Gold Corp. Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover Island Property, where the historic Lucky Smoke gold occurrence was recently expanded through drilling, consists of 532 mining claims totaling 13,300 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares. For more information please visit and the Company's profile on SEDAR+ at On behalf of the Board of Directors, Mr. Hratch Jabrayan CEO and Director Galloper Gold Corp. Company Contact: [email protected] Tel: 778-655-9266 Forward-Looking Statements This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words 'anticipate', 'plan', 'continue', 'expect', 'estimate', 'objective', 'may', 'will', 'project', 'should', 'predict', 'potential' and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure. Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE: Galloper Gold Corp. press release

Associated Press
20-02-2025
- Business
- Associated Press
Galloper Announces Continuation of Private Placement
VANCOUVER, BC / ACCESS Newswire / February 20, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the 'Company' or 'Galloper') further to its news releases of January 14, 2025 and January 28, 2025, confirms it is continuing with its non-brokered private placement (the 'Private Placement') of units ('Units') and expects to close the second tranche by March 18, 2025. The Company closed the first tranche of the Private Placement on January 27, 2025, issuing 4,000,000 Units and raising gross proceeds of $200,000. Each Unit consists of one common share (a 'Common Share') and one-half of a Common Share purchase warrant (a 'Warrant'), with each full Warrant exercisable to purchase one Common Share at a price of $0.075 for 12 (twelve) months from the date of issuance. The Company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange ('CSE'). The Private Placement is subject to approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement. The Company intends to use the net proceeds of this financing to advance its Glover Island asset, for general and administrative expenses which will include funds for marketing and investor relations, and cash for working capital. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. About Galloper Gold Corp. Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover Island Property, where the historic Lucky Smoke gold occurrence was recently expanded through drilling, consists of 532 mining claims totaling 13,300 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares. For more information please visit and the Company's profile on SEDAR+ at On behalf of the Board of Directors, Mr. Hratch Jabrayan CEO and Director Galloper Gold Corp. Company Contact: Tel: 778-655-9266 Forward-Looking Statements This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words 'anticipate', 'plan', 'continue', 'expect', 'estimate', 'objective', 'may', 'will', 'project', 'should', 'predict', 'potential' and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future metals prices and the other risks described in the Company's publicly filed disclosure. Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE: Galloper Gold Corp.