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Galloper Gold Retains MarketSmart Communications for Investor Relations

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Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) has entered into an agreement with MarketSmart Communications Inc. for investor relations services. The initial term is 12 months, with MarketSmart receiving a monthly fee of $7,500 plus taxes. Additionally, MarketSmart will be granted stock options for 300,000 common shares at a price to be determined within 30 days of the July 15, 2024 effective date. These options will vest quarterly over one year.

The agreement aims to assist Galloper Gold, a newly-listed company, in pursuing opportunities in Newfoundland around a historic gold deposit. MarketSmart will focus on keeping shareholders informed and broadening the investor audience for BOOM as the company progresses with its 2024 exploration at the Glover Island Project. The agreement and stock options are subject to CSE approval.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) ha firmato un accordo con MarketSmart Communications Inc. per servizi di relazioni con gli investitori. Il termine iniziale è di 12 mesi, con MarketSmart che riceverà un compenso mensile di $7,500 più tasse. Inoltre, a MarketSmart verranno concessi opzioni su azioni per 300.000 azioni ordinarie a un prezzo che sarà determinato entro 30 giorni dalla data di efficacia del 15 luglio 2024. Queste opzioni matureranno trimestralmente nell'arco di un anno.

L'accordo ha lo scopo di assistere Galloper Gold, una società di recente quotazione, nella ricerca di opportunità in Newfoundland attorno a un storico deposito d'oro. MarketSmart si concentrerà nel tenere informati gli azionisti e ampliare il pubblico degli investitori per BOOM mentre l'azienda prosegue con la sua esplorazione 2024 al progetto Glover Island. L'accordo e le opzioni su azioni sono soggetti all'approvazione della CSE.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) ha firmado un acuerdo con MarketSmart Communications Inc. para servicios de relaciones con inversores. El plazo inicial es de 12 meses, y MarketSmart recibirá una cuota mensual de $7,500 más impuestos. Además, se otorgarán a MarketSmart opciones sobre acciones por 300,000 acciones comunes a un precio que se determinará dentro de los 30 días posteriores a la fecha de entrada en vigor del 15 de julio de 2024. Estas opciones se adquirirán trimestralmente durante un año.

El acuerdo tiene como objetivo ayudar a Galloper Gold, una empresa recientemente listada, a buscar oportunidades en Newfoundland alrededor de un depósito histórico de oro. MarketSmart se centrará en mantener informados a los accionistas y ampliar la audiencia de inversores para BOOM mientras la compañía avanza con su exploración 2024 en el Proyecto Glover Island. El acuerdo y las opciones sobre acciones están sujetos a la aprobación de la CSE.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF)는 MarketSmart Communications Inc.와 투자자 관계 서비스 계약을 체결했습니다. 초기 계약 기간은 12개월이며, MarketSmart는 월 $7,500의 수수료를 받게 됩니다. 또한, MarketSmart는 300,000주 보통주의 주식 옵션을 부여받게 되며, 이는 2024년 7월 15일 발효일로부터 30일 이내에 결정되는 가격으로 제공됩니다. 이러한 옵션은 1년 동안 분기마다 발생합니다.

이 계약은 신고된 신규 기업인 Galloper Gold가 역사적인 금 매장지 주변에서 뉴펀들랜드에서 기회를 추구하는 데 도움을 주기 위한 것입니다. MarketSmart는 회사가 2024년 Glover Island 프로젝트 탐사를 진행하는 동안 주주들에게 정보를 제공하고 BOOM의 투자자 대상을 확대하는 데 주력할 것입니다. 계약 및 주식 옵션은 CSE의 승인을 받아야 합니다.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) a conclu un accord avec MarketSmart Communications Inc. pour des services de relations avec les investisseurs. La durée initiale est de 12 mois, avec MarketSmart recevant un honoraire mensuel de 7 500 $ plus taxes. De plus, MarketSmart recevra des options d'achat d'actions pour 300 000 actions ordinaires à un prix qui sera déterminé dans les 30 jours suivant la date d'entrée en vigueur du 15 juillet 2024. Ces options seront acquises trimestriellement sur une durée d'un an.

L'accord vise à aider Galloper Gold, une entreprise nouvellement cotée, à rechercher des opportunités à Terre-Neuve autour d'un dépôt aurifère historique. MarketSmart se concentrera sur le maintien de l'information des actionnaires et l'élargissement du public des investisseurs pour BOOM, alors que l'entreprise progresse dans son exploration 2024 au projet Glover Island. L'accord et les options d'achat d'actions sont soumis à l'approbation de la CSE.

Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) hat eine Vereinbarung mit MarketSmart Communications Inc. über Investor Relations-Dienste getroffen. Die ursprüngliche Laufzeit beträgt 12 Monate, wobei MarketSmart eine monatliche Gebühr von $7.500 zuzüglich Steuern erhält. Außerdem erhält MarketSmart Aktienoptionen für 300.000 Stammaktien zu einem Preis, der innerhalb von 30 Tagen nach dem Wirksamkeitsdatum vom 15. Juli 2024 festgelegt wird. Diese Optionen werden vierteljährlich über ein Jahr fällig.

Das Ziel der Vereinbarung ist es, Galloper Gold, ein neu gelistetes Unternehmen, dabei zu unterstützen, Chancen in Neufundland rund um ein historisches Goldvorkommen zu verfolgen. MarketSmart wird sich darauf konzentrieren, die Aktionäre informiert zu halten und die Investorenbasis für BOOM zu erweitern, während das Unternehmen mit seiner Erforschung 2024 des Glover Island Projekts fortfährt. Die Vereinbarung und die Aktienoptionen unterliegen der Genehmigung durch die CSE.

Positive
  • Secured professional investor relations services to enhance shareholder communication
  • Well-funded status for upcoming exploration activities
  • Potential for increased investor awareness and broader market reach
Negative
  • Additional monthly expenses of $7,500 for IR services
  • Potential shareholder dilution from 300,000 stock options granted to MarketSmart

VANCOUVER, BC / ACCESSWIRE / July 22, 2024 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) ("Galloper Gold" or the "Company") announces it has entered into an agreement with MarketSmart Communications Inc. ("MarketSmart") pursuant to which MarketSmart will provide investor relations (IR) services to Galloper Gold for an initial term of 12 months.

Adrian Sydenham, President of MarketSmart, stated: "We are excited to assist Galloper Gold as this newly-listed company pursues an attractive opportunity in Newfoundland surrounding an historic gold deposit. Galloper Gold is well-funded and has a modest valuation as it approaches 2024 exploration at its flagship Glover Island Project. As the company achieves each milestone set before it, MarketSmart looks forward to keeping shareholders informed while broadening the investor audience for BOOM."

Galloper Gold will pay MarketSmart a fee of $7,500 per month, plus applicable taxes. MarketSmart will also be granted stock options to purchase 300,000 common shares of Galloper Gold at a price to be determined within 30 days of the effective date of the agreement (July 15, 2024). The options will be in accordance with Galloper Gold's stock option plan and will be vested quarterly over one year.

The investor relations agreement and grant of stock options are subject to the approval of the Canadian Securities Exchange (CSE).

On behalf of the Board of Directors,

Mr. Mark Scott
CEO and Director
Galloper Gold Corp.

Company Contact: info@gallopergold.com, 778-655-9266

Investor Relations: MarketSmart Communications - 877-261-4466. info@marketsmart.ca

Forward-Looking, Cautionary 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, including the risk that the proceeds of the Offering may not be used as stated herein. 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 accesswire.com

FAQ

What investor relations firm has Galloper Gold (GGDCF) partnered with?

Galloper Gold (GGDCF) has partnered with MarketSmart Communications Inc. for investor relations services.

How long is the initial term of Galloper Gold's (GGDCF) agreement with MarketSmart?

The initial term of the agreement between Galloper Gold (GGDCF) and MarketSmart is 12 months.

What is the monthly fee Galloper Gold (GGDCF) will pay to MarketSmart for IR services?

Galloper Gold (GGDCF) will pay MarketSmart a monthly fee of $7,500 plus applicable taxes for investor relations services.

How many stock options will MarketSmart receive from Galloper Gold (GGDCF)?

MarketSmart will receive stock options to purchase 300,000 common shares of Galloper Gold (GGDCF).

What is Galloper Gold's (GGDCF) flagship project mentioned in the press release?

Galloper Gold's (GGDCF) flagship project mentioned in the press release is the Glover Island Project in Newfoundland.

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