Business
Galloper Gold Closes $2.5M Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce that, further to its news releases of January 13, 2026 and February 2, 2026, it has closed its non-brokered private placement (the "Private Placement") issuing 41,666,667 units of the Company ("Units") at a price of $0.06 per Unit raising aggregate gross proceeds $2,500,000.Each Unit consists of one common share and one common..
About this update from Dmc Global Inc.
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce that, further to its news releases of January 13, 2026 and February 2, 2026, it has closed its non-brokered private placement (the "Private Placement") issuing 41,666,667 units of the Company ("Units") at a price of $0.06 per Unit raising aggregate gross proceeds $2,500,000. Each Unit consists of one common share and one common share purchase warrant, with each warrant exercisable to purchase one additional common share at a price of $0.09 until February 9, 2029. Hratch Jabrayan, CEO of the Company commented, "We are thrilled to have closed this private placement in such a short period of time with unprecedented support from our investors and partners. We are now in a very strong position to commence and deliver on our 2026 plan. Our strategic deliverables are set, and we look forward to communicating details and results in the near future". The Company paid finders' fees totalling $31,184.85 in cash to Haywood Securities Inc., Ventum Financial Corp., Research Capital Corporation, Canaccord Genuity Corp. and BMO Nesbitt Burns Inc. All securities issued under the Private Placement will be subject to statutory hold periods pursuant to securities laws in Canada, including the statutory Restricted Period prescribed by Section 2.5 of National Instrument 45-102 Resale of Securities, and are subject to the Exchange Hold (as defined under Canadian Securities Exchange ("CSE") Policy 1 Interpretation and General Provisions which definition became effective May 22, 2025), required in certain circumstances in accordance with Policy 6 Distributions and Corporate Finance of the CSE. The Company intends to use the net proceeds from the Private Placement for the commencement of the Company's 2026 exploration program and for general working capital purposes. 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 ...