Galloper Announces Option Grant

Rhea-AI Summary

Galloper Gold Corp (OTC Pink: GGDCF) announced an incentive stock option grant on November 19, 2025.

The company granted options to purchase a total of 200,000 common shares at an exercise price of $0.065 per share. The options vest under the omnibus equity incentive plan and expire after 24 months. The grant was made to a consultant of the company.

Vancouver, British Columbia--(Newsfile Corp. - November 19, 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 200,000 common shares at an exercise price of $0.065 per common share for a period of 24 months to a consultant of the Company 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/275248

FAQ

What did Galloper (GGDCF) announce on November 19, 2025?

Galloper granted incentive stock options to purchase 200,000 shares at an exercise price of $0.065, exercisable for 24 months.

Who received the Galloper (GGDCF) option grant announced November 19, 2025?

The options were granted to a consultant of the company under its omnibus equity incentive plan.

What are the exercise price and expiry for Galloper (GGDCF) options granted November 19, 2025?

The exercise price is $0.065 per share and the options expire after 24 months from grant.

How many shares are covered by the Galloper (GGDCF) option grant on November 19, 2025?

The grant covers 200,000 common shares.

Will the Galloper (GGDCF) option grant dilute existing shareholders immediately?

The announcement states the options were granted but does not provide total outstanding shares, so immediate dilution magnitude is not specified.

Under what plan were the Galloper (GGDCF) options issued on November 19, 2025?

The options were granted in accordance with the company's omnibus equity incentive plan.