Business
Galloper Closes Strategic Investment by Dundee Precious Metals Inc.
NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / July 8, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the "Company" or "Galloper") announces that, further to its news release of June 27, 2025, ...
About this update from Dpm Metals Inc.
[{"type":"text","content":"NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES","length":58,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / July 8, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC PINK:GGDCF) (the "Company" or "Galloper") announces that, further to its news release of June 27, 2025, it has closed its non-brokered private placement issuing 5,000,000 common shares of the Company ("Shares") at a price of $0.05 per Share for aggregate gross proceeds of $250,000 (the "Private Placement") with Dundee Precious Metals Inc. ("Dundee" - TSX:DPM).","length":496,"tagName":"p"},{"type":"text","content":"The Company did not pay any finder's fees or commissions in connection with the Private Placement.","length":102,"tagName":"p"},{"type":"text","content":"The Company will utilize the proceeds from the Private Placement to fund exploration activities on it's flagship Glover Island property, to be commenced in Q3 2025 as well as funding the working capital needs of the Company.","length":228,"tagName":"p"},{"type":"text","content":"All securities issued under the Private Placement to Dundee are subject to statutory hold periods expiring four months from the date of closing of the Private Placement.","length":169,"tagName":"p"},{"type":"text","content":"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.","length":448,"tagName":"p"},{"type":"text","content":"About Galloper Gold Corp.","length":25,"tagName":"p"},{"type":"text","content":"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.","length":407,"tagName":"p"},{"type":"text","c...