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Galloper Gold Retains Bantr Media Inc. and Obtains DTC Eligibility for U.S. Trading

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Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) has announced two significant developments. Firstly, the company's common shares have gained DTC eligibility, simplifying trading and potentially enhancing liquidity on OTC Pink Markets. This electronic clearing method accelerates the settlement process for investors and brokers. Secondly, Galloper has engaged Bantr Media Inc. for media and strategic services, including social media management, e-newsletter distribution, and corporate communications consulting.

The agreement with Bantr Media Inc. is effective for 10 months from March 1, 2024, with a total payment of CAD $100,000 and 400,000 stock options granted to the consultant. Galloper Gold is focused on mineral exploration in the Central Newfoundland Gold Belt, with properties at Glover Island and Mint Pond, covering a total area of approximately 25,775 hectares.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) ha annunciato due sviluppi significativi. In primo luogo, le azioni ordinarie della società hanno ottenuto l'idoneità DTC, semplificando il trading e potenzialmente migliorando la liquidità nei mercati OTC Pink. Questo metodo di clearing elettronico accelera il processo di regolamento per investitori e broker. In secondo luogo, Galloper ha affidato a Bantr Media Inc. servizi di media e strategia, inclusi gestione dei social media, distribuzione di e-newsletter e consulenza per le comunicazioni aziendali.

L'accordo con Bantr Media Inc. è efficace per 10 mesi a partire dal 1 marzo 2024, con un pagamento totale di CAD $100,000 e 400,000 opzioni su azioni concesse al consulente. Galloper Gold si concentra sull'esplorazione mineraria nel Central Newfoundland Gold Belt, con proprietà a Glover Island e Mint Pond, che coprono un'area totale di circa 25.775 ettari.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) ha anunciado dos desarrollos significativos. En primer lugar, las acciones ordinarias de la compañía han obtenido elegibilidad DTC, simplificando el comercio y potencialmente aumentando la liquidez en los mercados OTC Pink. Este método de compensación electrónica acelera el proceso de liquidación para inversores y corredores. En segundo lugar, Galloper ha contratado a Bantr Media Inc. para servicios de medios y estratégicos, incluyendo gestión de redes sociales, distribución de boletines electrónicos y consultoría en comunicaciones corporativas.

El acuerdo con Bantr Media Inc. es efectivo por 10 meses a partir del 1 de marzo de 2024, con un pago total de CAD $100,000 y 400,000 opciones sobre acciones concedidas al consultor. Galloper Gold se centra en la exploración mineral en el Central Newfoundland Gold Belt, con propiedades en Glover Island y Mint Pond, cubriendo un área total de aproximadamente 25,775 hectáreas.

갤로퍼 골드 코프 (CSE:BOOM)(OTC PINK:GGDCF)(프랑크푸르트:W9F)는 두 가지 중요한 발전을 발표했습니다. 첫째, 회사의 보통주가 DTC 자격을 획득하여 OTC 핑크 마켓에서의 거래가 간소화되고 유동성이 향상될 가능성이 있습니다. 이 전자 청산 방식은 투자자와 중개인을 위한 정산 과정을 가속화합니다. 둘째, 갤로퍼는 반트 미디어 주식회사와 언론 및 전략 서비스 계약을 체결하여 소셜 미디어 관리, 전자 뉴스레터 배포 및 기업 커뮤니케이션 컨설팅 등을 포함합니다.

반트 미디어 주식과의 계약은 2024년 3월 1일부터 10개월간 유효하며, 총 지급액은 CAD $100,000이며, 400,000 주식 옵션이 컨설턴트에게 부여됩니다. 갤로퍼 골드는 중앙 뉴펀들랜드 골드 벨트에서 광물 탐사에 집중하고 있으며, 글로버 아일랜드와 민트 폰드에 소속된 부동산이 약 25,775 헥타르의 총 면적을 차지합니다.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) a annoncé deux développements majeurs. Tout d'abord, les actions ordinaires de la société ont obtenu l'éligibilité DTC, simplifiant ainsi le commerce et potentiellement améliorant la liquidité des marchés OTC Pink. Cette méthode de compensation électronique accélère le processus de règlement pour les investisseurs et les courtiers. Deuxièmement, Galloper a engagé Bantr Media Inc. pour des services médiatiques et stratégiques, y compris la gestion des réseaux sociaux, la distribution de bulletins électroniques et le conseil en communication d'entreprise.

L'accord avec Bantr Media Inc. est effectif pendant 10 mois à partir du 1er mars 2024, avec un paiement total de CAD $100,000 et 400,000 options d'actions accordées au consultant. Galloper Gold se concentre sur l'exploration minérale dans la Central Newfoundland Gold Belt, avec des propriétés à Glover Island et Mint Pond, couvrant une superficie totale d'environ 25 775 hectares.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) hat zwei bedeutende Entwicklungen angekündigt. Erstens haben die Stammaktien des Unternehmens DTC-Eignung erlangt, was den Handel vereinfacht und potenziell die Liquidität auf den OTC Pink Markets verbessert. Diese elektronische Abwicklungsart beschleunigt den Abwicklungsprozess für Investoren und Broker. Zweitens hat Galloper Bantr Media Inc. für Medien- und strategische Dienstleistungen engagiert, einschließlich Social-Media-Management, Verteilung von E-Newslettern und Unternehmenskommunikationsberatung.

Die Vereinbarung mit Bantr Media Inc. gilt für 10 Monate ab dem 1. März 2024 mit einer Gesamtzahlung von CAD $100,000 und 400,000 Aktienoptionen, die dem Berater gewährt werden. Galloper Gold konzentriert sich auf die Mineralexploration im Central Newfoundland Gold Belt, mit Liegenschaften auf Glover Island und Mint Pond, die eine Gesamtfläche von etwa 25.775 Hektar abdecken.

Positive
  • DTC eligibility obtained, potentially enhancing stock liquidity and trading efficiency
  • Listing on Germany's Frankfurt Exchange, expanding international market presence
  • Engagement of Bantr Media Inc. for strategic media services to increase brand awareness
  • Exploration focus on the promising Central Newfoundland Gold Belt
Negative
  • Issuance of 400,000 stock options may lead to potential shareholder dilution

VANCOUVER, BC / ACCESSWIRE / September 12, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)(Frankfurt:W9F) (the "Company" or "Galloper") announces that its common shares have been made eligible for book-entry delivery and depository services of the Depository Trust Company (" DTC ") to facilitate electronic settlement of transfers of its common shares in the United States.

DTC eligibility simplifies the process of trading and can enhance liquidity of Galloper Gold's shares on the OTC Pink Markets where the stock is quoted under the symbol "GGDCF". The electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms.

In addition to DTC eligibility on the OTC Pink Markets, Galloper is also now listed on Germany's Frankfurt Exchange as follows: ISIN:CA3638821015 | WKN:A3D4A5 | Symbol:W9F

Galloper Retains Bantr Media Inc. For Media And Strategic Services

Galloper is also pleased to announce that it has engaged Bantr Media Inc. (the "Consultant"), controlled by Ms. Danielle Fernandes, an arm's length party, for media and strategic services which may include on-camera and in-person interviewing, social media management, e-newsletter distribution, and event hosting, along with general corporate communications consulting and advisory services.

Mr. Hratch Jabrayan, Galloper CEO, commented: "Danielle is an integral part of the Galloper Gold brand that we intend to build out systematically in the weeks and months ahead. She has a keen understanding of the capital markets and brings a unique style and approach to generating awareness of Galloper to investors around the world."

The agreement with Bantr Media Inc. is in effect for an initial 10 months from its original effective date of March 1, 2024, and may be renewed by mutual agreement of the Consultant and the Company. The Company has agreed to pay the Consultant a total of CAD $100,000 cash in three instalments over the course of the agreement and has granted to the Consultant 400,000 stock options, each exercisable at a price of $0.12 for one common share of the Company and which will expire after 12 months from the date of issuance, all as previously disclosed in the Company's news release dated August 30, 2024. The stock options are subject to the policies of the Canadian Securities Exchange, applicable securities laws, and the terms of the Company's equity incentive plan.

Bantr Media Inc.'s business address is 360 Bay St., #999, Toronto, ON, M5H 2V6. Bantr can be contacted by email at: danielle.fernandes@bantrinc.com or by phone at (416) 723-1175.

Danielle Saddles Up For Interview With Hratch
https://vimeo.com/1008635322/9317719599

Hratch Video Profile
https://vimeo.com/1007433600/031f977268

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

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 provision of services to be rendered by the Consultant, any renewal of the Company's agreement with the Consultant, and the exercise of any of the stock options granted to the Consultant and the timing thereof, if at all.

The forward-looking statements are based on current expectations, assumptions, estimates, forecasts, projections, analysis and opinions of management made considering its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking statements contained in this news release include, but are not limited to: ‎general business, economic and political conditions; the Company's ability to successfully execute its plans ‎and intentions; and market competition.

The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation a downturn in general economic conditions; a decreased demand or price of precious and base metals; delays in the start of projects with respect to the Company's property interests; the uncertainty of government regulation and politics in the province of Newfoundland and Labrador regarding mining and mineral exploration; ‎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

What is the significance of Galloper Gold (GGDCF) obtaining DTC eligibility?

DTC eligibility simplifies trading and can enhance liquidity of Galloper Gold's shares on the OTC Pink Markets. It speeds up the settlement process for investors and brokers, allowing the stock to be traded over a wider selection of brokerage firms.

What services will Bantr Media Inc. provide to Galloper Gold (GGDCF)?

Bantr Media Inc. will provide media and strategic services to Galloper Gold, including on-camera and in-person interviewing, social media management, e-newsletter distribution, event hosting, and general corporate communications consulting and advisory services.

How much is Galloper Gold (GGDCF) paying for Bantr Media Inc.'s services?

Galloper Gold has agreed to pay Bantr Media Inc. a total of CAD $100,000 in cash over three installments and has granted 400,000 stock options, each exercisable at $0.12 per share, expiring after 12 months from the date of issuance.

What are Galloper Gold's (GGDCF) main exploration properties?

Galloper Gold's main exploration properties are located in the Central Newfoundland Gold Belt. They include the Glover Island Property, consisting of 532 mining claims totaling 13,300 hectares, and the Mint Pond property, consisting of 499 claims totaling 12,475 hectares.

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