Galloper Announces Continuation of Private Placement
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) announced the continuation of its non-brokered private placement, with the second tranche expected to close by March 18, 2025. The company previously closed the first tranche on January 27, 2025, raising $200,000 through the issuance of 4,000,000 Units.
Each Unit comprises one common share and one-half of a Common Share purchase warrant. Each full warrant can be exercised to purchase one Common Share at $0.075 within 12 months from issuance. The company may pay finders' fees to eligible finders, subject to securities laws and CSE policies.
The proceeds will be used to advance the Glover Island asset, cover general and administrative expenses including marketing and investor relations, and provide working capital. All securities issued will have a four-month and one-day statutory hold period from the closing date.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) ha annunciato la continuazione del suo collocamento privato non mediato, con la seconda tranche prevista per chiudere entro il 18 marzo 2025. L'azienda ha precedentemente chiuso la prima tranche il 27 gennaio 2025, raccogliendo $200.000 attraverso l'emissione di 4.000.000 di Unit.
Ogni Unit è composta da un'azione comune e da metà di un warrant per l'acquisto di un'azione comune. Ogni warrant completo può essere esercitato per acquistare un'azione comune a $0.075 entro 12 mesi dall'emissione. L'azienda può pagare commissioni ai procacciatori idonei, in conformità con le leggi sui titoli e le politiche della CSE.
I proventi saranno utilizzati per sviluppare l'attivo di Glover Island, coprire le spese generali e amministrative, inclusi marketing e relazioni con gli investitori, e fornire capitale circolante. Tutti i titoli emessi avranno un periodo di blocco statutario di quattro mesi e un giorno dalla data di chiusura.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) anunció la continuación de su colocación privada no mediada, con la segunda tranche prevista para cerrarse antes del 18 de marzo de 2025. La empresa cerró previamente la primera tranche el 27 de enero de 2025, recaudando $200,000 a través de la emisión de 4,000,000 de Unidades.
Cada Unidad comprende una acción común y media de un warrant de compra de acciones comunes. Cada warrant completo puede ejercerse para comprar una acción común a $0.075 dentro de los 12 meses posteriores a la emisión. La empresa puede pagar comisiones a buscadores elegibles, sujeto a las leyes de valores y a las políticas de la CSE.
Los ingresos se utilizarán para avanzar en el activo de Glover Island, cubrir gastos generales y administrativos, incluidos marketing y relaciones con inversores, y proporcionar capital de trabajo. Todos los valores emitidos tendrán un período de retención legal de cuatro meses y un día a partir de la fecha de cierre.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF)는 비중개 사모 배정을 계속 진행한다고 발표했으며, 두 번째 트랜치는 2025년 3월 18일에 마감될 예정입니다. 회사는 2025년 1월 27일에 첫 번째 트랜치를 마감하며 4,000,000 유닛 발행을 통해 $200,000를 모금했습니다.
각 유닛은 하나의 보통주와 보통주 구매를 위한 워런트의 절반으로 구성됩니다. 각 전체 워런트는 발행일로부터 12개월 이내에 $0.075에 하나의 보통주를 구매할 수 있습니다. 회사는 증권법 및 CSE 정책에 따라 적격 중개인에게 수수료를 지급할 수 있습니다.
모금된 자금은 글로버 아일랜드 자산을 발전시키고, 마케팅 및 투자자 관계를 포함한 일반 및 관리 비용을 충당하며, 운영 자금을 제공하는 데 사용됩니다. 발행된 모든 증권은 종료일로부터 4개월 1일의 법적 보유 기간이 적용됩니다.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) a annoncé la poursuite de son placement privé non intermédiaire, avec la deuxième tranche prévue pour se clôturer d'ici le 18 mars 2025. L'entreprise a précédemment clôturé la première tranche le 27 janvier 2025, levant $200,000 grâce à l'émission de 4.000.000 d'unités.
Chaque unité se compose d'une action ordinaire et d'une demi-option d'achat d'actions ordinaires. Chaque option complète peut être exercée pour acheter une action ordinaire à $0.075 dans les 12 mois suivant l'émission. L'entreprise peut verser des frais de recherche à des chercheurs éligibles, sous réserve des lois sur les valeurs mobilières et des politiques de la CSE.
Les produits seront utilisés pour faire progresser l'
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) gab die Fortsetzung seiner nicht vermittelten Privatplatzierung bekannt, wobei die zweite Tranche voraussichtlich bis zum 18. März 2025 abgeschlossen wird. Das Unternehmen hat die erste Tranche am 27. Januar 2025 abgeschlossen und dabei $200.000 durch die Ausgabe von 4.000.000 Einheiten gesammelt.
Jede Einheit besteht aus einer Stammaktie und einer halben Kaufwarrant für eine Stammaktie. Jeder vollständige Warrant kann innerhalb von 12 Monaten nach der Ausgabe zum Preis von $0.075 ausgeübt werden. Das Unternehmen kann berechtigten Vermittlern Gebühren zahlen, vorbehaltlich der Wertpapiergesetze und der Richtlinien der CSE.
Die Erlöse werden verwendet, um das Glover Island Vermögen voranzutreiben, allgemeine und Verwaltungskosten, einschließlich Marketing und Investor Relations, zu decken und Betriebskapital bereitzustellen. Alle ausgegebenen Wertpapiere unterliegen einer gesetzlichen Haltefrist von vier Monaten und einem Tag ab dem Abschlussdatum.
- Successfully raised $200,000 in first tranche of private placement
- Secured funding for Glover Island asset development
- Potential shareholder dilution from new share issuance
- Warrants priced at $0.075 could lead to additional dilution if exercised
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
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
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 www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.
On behalf of the Board of Directors,
Mr. Hratch Jabrayan
CEO and Director
Galloper Gold Corp.
Company Contact:
info@gallopergold.com
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.
View the original press release on ACCESS Newswire
FAQ
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