Galloper Gold Corporate Update
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) has provided a corporate update on its Newfoundland assets. The company has entered into an agreement to acquire four exploration licenses comprising 16 claims on Glover Island for CAD $45,000 and 800,000 common shares. Galloper has also retained David Kean for investor relations services for seven months at $3,500 per month, granting him 100,000 stock options at CAD $0.12 per share. Additionally, the company has granted 3,500,000 stock options to directors, officers, and consultants at an exercise price of $0.12 per share. Galloper Gold is focused on mineral exploration in the Central Newfoundland Gold Belt, with properties on Glover Island (532 claims, 13,300 hectares) and Mint Pond (499 claims, 12,475 hectares).
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) ha fornito un aggiornamento aziendale sui suoi attivi in Newfoundland. L'azienda ha stipulato un accordo per acquisire quattro licenze di esplorazione che comprendono 16 diritti su Glover Island per 45.000 CAD e 800.000 azioni ordinarie. Galloper ha anche incaricato David Kean per i servizi di relazioni con gli investitori per sette mesi a 3.500 dollari al mese, concedendogli 100.000 opzioni su azioni a 0,12 CAD per azione. Inoltre, l'azienda ha concesso 3.500.000 opzioni su azioni a direttori, funzionari e consulenti a un prezzo di esercizio di 0,12 dollari per azione. Galloper Gold è concentrata sull'esplorazione mineraria nella Central Newfoundland Gold Belt, con proprietà su Glover Island (532 diritti, 13.300 ettari) e Mint Pond (499 diritti, 12.475 ettari).
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) ha proporcionado una actualización corporativa sobre sus activos en Newfoundland. La compañía ha celebrado un acuerdo para adquirir cuatro licencias de exploración que comprenden 16 reclamos en Glover Island por 45,000 CAD y 800,000 acciones ordinarias. Galloper también ha contratado a David Kean para servicios de relaciones con inversores durante siete meses a 3,500 dólares al mes, otorgándole 100,000 opciones de acciones a 0.12 CAD por acción. Además, la compañía ha otorgado 3,500,000 opciones de acciones a directores, funcionarios y consultores a un precio de ejercicio de 0.12 dólares por acción. Galloper Gold se centra en la exploración mineral en la Central Newfoundland Gold Belt, con propiedades en Glover Island (532 reclamos, 13,300 hectáreas) y Mint Pond (499 reclamos, 12,475 hectáreas).
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)는 뉴펀들랜드 자산에 대한 기업 업데이트를 제공했습니다. 이 회사는 CAD $45,000와 800,000주를 대가로 Glover Island의 16개 권리를 포함하는 4개의 탐사 라이센스를 인수하는 계약을 체결했습니다. Galloper는 또한 투자자 관계 서비스를 위해 David Kean을 7개월 동안 월 3,500달러에 고용하고, 그에게 주당 CAD $0.12에 100,000주의 스톡 옵션을 부여했습니다. 뿐만 아니라, 이 회사는 이사, 임원 및 자문위원들에게 3,500,000개의 스톡 옵션을 부여했습니다. 이들은 행사 가격이 주당 0.12달러입니다. Galloper Gold는 Central Newfoundland Gold Belt에서 광물 탐사에 집중하고 있으며, Glover Island(532개 권리, 13,300헥타르)와 Mint Pond(499개 권리, 12,475헥타르)에 속한 자산을 보유하고 있습니다.
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) a fourni une mise à jour de l'entreprise sur ses actifs de Terre-Neuve. La société a conclu un accord pour acquérir quatre licences d'exploration comprenant 16 revendications sur l'île Glover pour 45 000 CAD et 800 000 actions ordinaires. Galloper a également rétabli David Kean pour des services de relations avec les investisseurs pendant sept mois à 3 500 dollars par mois, lui accordant 100 000 options d'actions à 0,12 CAD par action. De plus, la société a accordé 3 500 000 options d'actions aux administrateurs, dirigeants et consultants à un prix d'exercice de 0,12 dollar par action. Galloper Gold se concentre sur l'exploration minérale dans la Central Newfoundland Gold Belt, avec des propriétés sur l'île Glover (532 revendications, 13 300 hectares) et Mint Pond (499 revendications, 12 475 hectares).
Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) hat ein Unternehmensupdate zu seinen Newfoundland-Assets bereitgestellt. Das Unternehmen hat eine Vereinbarung zur Übernahme von vier Erkundungslizenzen getroffen, die 16 Ansprüche auf Glover Island für 45.000 CAD und 800.000 Stammaktien umfassen. Galloper hat zudem David Kean für Investor Relations Dienstleistungen für sieben Monate zu 3.500 Dollar pro Monat engagiert und ihm 100.000 Aktienoptionen zu einem Preis von 0,12 CAD pro Aktie gewährt. Darüber hinaus hat das Unternehmen 3.500.000 Aktienoptionen an Direktoren, leitende Angestellte und Berater zu einem Ausübungspreis von 0,12 Dollar pro Aktie vergeben. Galloper Gold konzentriert sich auf die Mineraliensuche im Central Newfoundland Gold Belt, mit Liegenschaften auf Glover Island (532 Ansprüche, 13.300 Hektar) und Mint Pond (499 Ansprüche, 12.475 Hektar).
- Acquisition of 16 additional claims on Glover Island, expanding exploration potential
- Retention of investor relations consultant to improve market visibility
- Grant of stock options to align interests of directors, officers, and consultants with shareholders
- Issuance of 800,000 common shares for claim acquisition may lead to dilution
- Additional monthly expenses of $3,500 for investor relations services
VANCOUVER, BC / ACCESSWIRE / August 30, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the "Company" or "Galloper") is pleased to provide a corporate update as the Company continues to advance its assets in Newfoundland.
GALLOPER ENTERS INTO AGREEMENT TO ACQUIRE ADDITIONAL MINERAL EXPLORATION CLAMS ON GLOVER ISLAND, NEWFOUNDLAND
The Company has entered into a purchase agreement (the "Agreement") with a third-party vendor (the "Vendor") to acquire additional mining claims in Newfoundland as part of its continued exploration efforts (the "Acquisition").
Pursuant to the Agreement, Galloper has agreed to purchase from the Vendor four (4) exploration licenses comprising 16 claims in Newfoundland. As consideration, Galloper will pay the Vendor an aggregate of CAD
The claims are on Glover Island and are contiguous to Galloper's current holdings at its flagship and drill-ready Glover Island Property.
GALLOPER RETAINS DAVID KEAN FOR INVESTOR RELATIONS
Galloper has entered into an agreement with David Kean (the "Consultant") pursuant to which the Consultant will provide investor relations (IR) services to Galloper Gold for an initial term of seven (7) months beginning September 1, 2024, which may be extended by mutual agreement between the parties.
Galloper Gold will pay the Consultant a fee of
The investor relations agreement and grant of stock options are subject to the Canadian Securities Exchange (CSE) having no objection.
GALLOPER GOLD ANNOUNCES GRANT OF STOCK OPTIONS
Galloper announces the granting of an aggregate of 3,500,000 stock options of which 2,700,000 will be granted to directors and officers of the Company with an exercise price of
On behalf of the Board of Directors
Mr. Mark Scott
CEO
Galloper Gold Corp.
Company Contact: info@gallopergold.com, 778-655-9266
Investor Relations:
MarketSmart Communications
Tel: 877-261-4466
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.
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 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.
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. Forward looking statements in this news release include statements regarding the proposed property purchase transaction and acquisition of additional claims, the provision of IR services by the Consultant, and the grant of stock options. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks, including the risk that the property purchase transaction may not be completed as expected or at all, or that the option grants may vary. 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 accesswire.com
FAQ
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