Galloper Announces Option Grant

Rhea-AI Summary

Galloper (CSE: BOOM, OTC: GGDCF) granted incentive stock options to directors and officers. The grant covers 1,950,000 common shares at an exercise price of $0.09 per share, exercisable for five years under the company’s omnibus equity incentive plan.

AI-generated analysis. Not financial advice.

Positive

• 1,950,000 incentive stock options granted to key directors and officers
• Exercise price set at $0.09 per share with five-year term
• Grant aligns management compensation with long-term shareholder value via equity incentives

Negative

• Option grant may lead to shareholder dilution if fully exercised
• Concentrates additional equity incentives among directors and officers only

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2026) - 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 1,950,000 common shares at an exercise price of $0.09 per common share for a period of five (5) years to certain directors and 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 flagship Glover Island Property, 24 km southeast of Corner Brook.

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

Investor Relations:
Hratch Jabrayan: Hratch@gallopergold.com

LinkedIn: https://www.linkedin.com/company/gallopergold/
X: https://x.com/Gallopergold?s=20
You Tube: www.youtube.com/@gallopergold

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/300047

FAQ

What stock options did Galloper (OTC: GGDCF) grant on June 3, 2026?

Galloper granted incentive stock options for 1,950,000 common shares at an exercise price of $0.09. According to Galloper, these options go to certain directors and officers under its omnibus equity incentive plan and are exercisable for five years.

Who received the new Galloper GGDCF incentive stock options and on what terms?

The options were granted to certain directors and officers, with 1,950,000 shares at $0.09 per share. According to Galloper, the options have a five-year term and are issued under its omnibus equity incentive plan.

What is the exercise price and duration of Galloper (CSE: BOOM) June 2026 option grant?

The exercise price is $0.09 per common share and the options last five years. According to Galloper, 1,950,000 incentive stock options were issued under its omnibus equity incentive plan to specific directors and officers.

How could Galloper’s June 3, 2026 stock option grant affect GGDCF shareholders?

If exercised, the 1,950,000 options could increase the number of Galloper shares outstanding. According to Galloper, these options for directors and officers are priced at $0.09 and are exercisable over a five-year period.

Under which plan were the June 2026 Galloper GGDCF options issued?

The options were issued under Galloper’s omnibus equity incentive plan. According to Galloper, this plan allows granting 1,950,000 incentive stock options at $0.09 per share to certain directors and officers, with a five-year exercise window.