Galloper Announces Option Grant

Rhea-AI Summary

Galloper Gold Corp. (OTC Pink: GGDCF) has announced a stock option grant to company officers. The grant consists of 1,750,000 incentive stock options with an exercise price of $0.085 per common share. The options have a validity period of 24 months and were granted under the company's omnibus equity incentive plan.

Vancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") announces that it has granted incentive stock options to purchase a total of 1,750,000 common shares at an exercise price of $0.085 per common share for a period of 24 months to certain officers in accordance with the provisions of its omnibus equity incentive plan.

About Galloper Gold Corp.

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, which hosts the historic Lucky Smoke gold occurrence and the recently awarded Lunch Pond South Extension consists of 477 mining claims totaling 11,925 hectares while Mint Pond consists of 499 claims totaling 12,475 hectares.

For more information, please visit www.GalloperGold.com and the Company's profile on SEDAR+ at www.sedarplus.ca.

On behalf of the Board of Directors,

Mr. Hratch Jabrayan
CEO and Director
Galloper Gold Corp.

Company Contact:

info@gallopergold.com
Tel: 778-655-9266

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265043

FAQ

How many stock options did Galloper Gold (GGDCF) grant in September 2025?

Galloper Gold granted 1,750,000 incentive stock options to certain company officers.

What is the exercise price for Galloper Gold's (GGDCF) September 2025 stock options?

The exercise price for the stock options is $0.085 per common share.

What is the expiration period for Galloper Gold's (GGDCF) September 2025 stock options?

The stock options have a validity period of 24 months from the grant date.

Who received the stock options from Galloper Gold (GGDCF) in September 2025?

The stock options were granted to certain officers of the company in accordance with its omnibus equity incentive plan.