Galloper Gold Corp. Announces Strategic Expansion and IR Partnership

Galloper Gold Corp. (CSE: BOOM, OTC PINK: GGDCF) is advancing its assets in Newfoundland. The company has entered into a purchase agreement to acquire additional mineral exploration claims on Glover Island. This acquisition involves four exploration licenses covering 16 claims. The agreement sets the purchase price at CAD $45,000 and 800,000 Galloper common shares, subject to Canadian Securities Exchange (CSE) approval.

In addition to expanding its exploration efforts, Galloper has retained David Kean to provide investor relations services starting September 1, 2024, for seven months. The consultant will receive CAD $3,500 per month and 100,000 stock options at CAD $0.12 per share, expiring twelve months from issuance.

Galloper has also announced the grant of 3,500,000 stock options. Directors and officers will receive 2,700,000 options at an exercise price of $0.12 per share, expiring in five years. Consultants will receive 800,000 options with varying expiries and conditions. These activities depend on CSE policies and Canadian securities laws.