Latest news with #HratchJabrayan
The Market Online
9 hours ago
- Business
- The Market Online
Dundee Precious Metals buys into Newfoundland gold stock
Galloper Gold (CSE:BOOM) has raised C$250,000 from Dundee Precious Metals (TSX:DPM) to support ongoing development Proceeds will fund exploration on Galloper's Glover Island property, where 2024 drilling yielded multiple intercepts indicative of multi-deposit potential Galloper Gold is a mineral explorer active in the Central Newfoundland gold belt The Newfoundland gold stock has given back 30 per cent year-over-year Galloper Gold (CSE:BOOM) has raised C$250,000 from Dundee Precious Metals (TSX:DPM) to support ongoing development, issuing 5 million shares priced at C$0.05 each through a non-brokered private placement. Galloper will allocate the proceeds towards exploration on its flagship 133-square-kilometre Glover Island property in Newfoundland, 24 kilometres southeast of Corner Brook. The company intends to break ground in Q3 to test the property's numerous mineral occurrences, including a copper anomaly, as well as a historical gold zone featuring a 7.5-kilometre-long trend hosting favorable host rocks. Drilling in 2024 yielded highlights of 15 metres (m) at 2.62 grams per ton (g/t) of gold, 3.80 m at 6.92 g/t gold and 23.5 m at 0.72 g/t gold, which Hratch Jabrayan, Galloper Gold's chief executive officer, believes to support 'the distinct possibility of multiple shallow deposits lined up along a contact zone that may continue well beyond its original 12 kilometre estimate.' All shares issued will be subject to a statutory hold period expiring in four months and one day, as per Canadian securities law. Leadership insights 'The strategic investment by Dundee is a critical sign of support for Galloper's exploration activities as we move towards a robust drill program later this year,' Jabrayan stated in Friday's news release. 'We hope to work collaboratively with Dundee to achieve ongoing success in the mining and minerals industry.' About Galloper Gold Galloper Gold is a mineral explorer active in the Central Newfoundland gold belt. The company's Glover Island and Mint Pond properties are prospective for both gold and base metals. The Newfoundland gold stock (CSE:BOOM) opened unchanged trading at C$0.07. The stock has given back 30 per cent year-over-year. Join the discussion: Find out what everybody's saying about this Newfoundland gold stock on the Galloper Gold Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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.
Associated Press
28-01-2025
- Business
- Associated Press
Galloper Closes Private Placement First Tranche; Acquires Additional Glover Island Exploration Claims
Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. VANCOUVER, BC / ACCESS Newswire / January 28, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC:GGDCF) (the 'Company' or 'Galloper') announces that, further to its news release of January 14, 2025, it has closed the first tranche of its non-brokered private placement issuing 4,000,000 units of the Company ('Units') at a price of $0.05 per Unit raising gross proceeds of $200,000 (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 $0.075 for 12 months from the date of issuance. No finder's fees were paid in connection with the Private Placement. 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 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. Galloper Acquires Additional Exploration Claims The Company also announces that it has entered into a purchase agreement (the 'Agreement') with a third-party vendor (the 'Vendor') to acquire additional exploration claims in Newfoundland as part of its continued exploration efforts (the 'Acquisition'). Pursuant to the Agreement, Galloper has agreed to purchase from the Vendor three (3) claims on Glover Island in Newfoundland, adjacent to its existing exploration. Claims on Glover Island. As consideration, Galloper will pay the Vendor 300,000 Galloper common shares. The Acquisition is subject to acceptance by the Canadian Securities Exchange. Hratch Jabrayan, CEO of Galloper commented: 'We are pleased to announce the expansion of our claim position on Glover Island, further strengthening our presence in this highly prospective region. This strategic expansion underscores our commitment to unlocking Glover Island's full potential. We remain optimistic about the opportunities that lie ahead, and we look forward to advancing our exploration efforts to create long-term value for our shareholders.' 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.
