Galloper Announces Non-Brokered Private Placement
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) has announced a non-brokered private placement to raise up to $150,000 through the issuance of 3,658,537 units at $0.041 per unit. Each unit comprises one common share and half a warrant, with each full warrant exercisable at $0.05 for 12 months from issuance.
The company plans to use the proceeds for general working capital purposes. The private placement requires CSE approval, and all securities will have a four-month and one-day hold period. Galloper may pay finder's fees to eligible finders. The company has discontinued its previously announced private placement of units at $0.05 per unit.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) ha annunciato un collocamento privato senza intermediari per raccogliere fino a 150.000 $ tramite l’emissione di 3.658.537 unità a 0,041 $ per unità. Ogni unità comprende un’azione ordinaria e mezza warrant, con ogni warrant intero esercitabile a 0,05 $ per 12 mesi dalla data di emissione.
L’azienda prevede di utilizzare i proventi per scopi generali di capitale circolante. Il collocamento privato necessita dell’approvazione della CSE e tutti i titoli avranno un periodo di blocco di quattro mesi e un giorno. Galloper potrà corrispondere commissioni ai segnalatori idonei. La società ha annullato il precedente collocamento privato di unità a 0,05 $ per unità.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) ha anunciado una colocación privada sin intermediarios para recaudar hasta 150,000 $ mediante la emisión de 3,658,537 unidades a 0.041 $ por unidad. Cada unidad consta de una acción común y media opción de compra (warrant), siendo cada opción completa ejercitable a 0.05 $ durante 12 meses desde su emisión.
La compañía planea usar los fondos para capital de trabajo general. La colocación privada requiere la aprobación de la CSE y todos los valores tendrán un periodo de retención de cuatro meses y un día. Galloper podrá pagar comisiones a intermediarios elegibles. La empresa ha cancelado la colocación privada previamente anunciada de unidades a 0.05 $ por unidad.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF)는 중개인 없이 최대 150,000달러를 조달하기 위해 단위당 0.041달러에 3,658,537 단위를 발행하는 사모 배정을 발표했습니다. 각 단위는 보통주 1주와 워런트 0.5개로 구성되며, 워런트 1개는 발행일로부터 12개월 동안 0.05달러에 행사할 수 있습니다.
회사는 자금을 일반 운영 자본으로 사용할 계획입니다. 사모 배정은 CSE의 승인을 필요로 하며, 모든 증권은 4개월 1일의 보유 기간이 적용됩니다. Galloper는 적격 소개인에게 소개 수수료를 지급할 수 있습니다. 회사는 이전에 발표한 단위당 0.05달러의 사모 배정을 중단했습니다.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) a annoncé un placement privé sans intermédiaire visant à lever jusqu’à 150 000 $ par l’émission de 3 658 537 unités à 0,041 $ par unité. Chaque unité comprend une action ordinaire et une demi-option d’achat (warrant), chaque warrant complet étant exerçable à 0,05 $ pendant 12 mois à compter de l’émission.
La société prévoit d’utiliser les fonds pour des besoins généraux de fonds de roulement. Le placement privé nécessite l’approbation de la CSE, et tous les titres seront soumis à une période de blocage de quatre mois et un jour. Galloper pourra verser des commissions aux apporteurs d’affaires éligibles. La société a annulé le placement privé d’unités précédemment annoncé à 0,05 $ par unité.
Galloper Gold Corp (CSE:BOOM)(OTC:GGDCF) hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 150.000 $ durch die Ausgabe von 3.658.537 Einheiten zu je 0,041 $ pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einer halben Option (Warrant), wobei jede volle Option innerhalb von 12 Monaten ab Ausgabe zu 0,05 $ ausgeübt werden kann.
Das Unternehmen plant, die Erlöse für allgemeine Betriebskapitalzwecke zu verwenden. Die Privatplatzierung bedarf der Genehmigung der CSE, und alle Wertpapiere unterliegen einer Haltefrist von vier Monaten und einem Tag. Galloper kann Vermittlungsgebühren an berechtigte Finder zahlen. Das Unternehmen hat die zuvor angekündigte Privatplatzierung von Einheiten zu 0,05 $ pro Einheit eingestellt.
- Secured potential funding of $150,000 for working capital
- Low-priced offering at $0.041 per unit indicates potential share price pressure
- Cancellation of previous $0.05 per unit placement for a lower-priced offering suggests challenging capital raising conditions
- Dilutive impact on existing shareholders
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
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
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
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