Galloper Gold Secures Investment from Dundee Precious Metals

Galloper Gold Corp., based in Vancouver, has secured a significant investment from Dundee Precious Metals Inc. The company announced a non-brokered private placement of 5,000,000 common shares at $0.05 per share, totaling $250,000. This strategic investment aims to support Galloper's operations and development.

The funds will be allocated to exploration activities on Galloper's flagship Glover Island property, expected to commence in Q3 2025. No warrants are included, and no commissions were paid. The agreement requires approval from the Canadian Securities Exchange, with a hold period on issued securities.

Galloper CEO Hratch Jabrayan highlighted the importance of the investment for their upcoming drill program, emphasizing collaboration with Dundee for future success in the mining sector. This investment aligns with Galloper’s focus on exploring mineral prospects in Newfoundland.