Galloper Gold Secures Strategic Investment from Dundee Precious Metals

Galloper Gold Corp. has closed a non-brokered private placement with Dundee Precious Metals Inc. The deal involves the issuance of 5,000,000 common shares at $0.05 per share, generating $250,000. The proceeds will support exploration on Galloper's Glover Island property and cover working capital needs.

No finder's fees or commissions were paid for this investment round. The securities issued to Dundee are subject to a statutory hold period of four months. The transaction, compliant with Canadian regulations, is not registered under the U.S. Securities Act of 1933, precluding sales in the U.S. without proper registration or exemptions.

This investment aims to bolster Galloper's operations in the Central Newfoundland Gold Belt, advancing gold and base metal exploration.