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Galloper Gold Corp ( (TSE:BOOM) ) just unveiled an announcement.
Galloper Gold Corp. has successfully closed a non-brokered private placement, raising $142,763 by issuing 3,482,024 units at $0.041 per unit. The proceeds will be used for general working capital, and the securities are subject to a four-month hold period. This move is expected to bolster Galloper’s financial position, aiding its exploration activities in Newfoundland.
More about Galloper Gold Corp
Galloper Gold Corp. is engaged in mineral exploration within the Central Newfoundland Gold Belt, focusing on its Glover Island and Mint Pond properties, which are prospective for gold and base metals. The Glover Island Property includes 532 mining claims, while Mint Pond consists of 499 claims.
YTD Price Performance: -42.86%
Average Trading Volume: 200,531
Technical Sentiment Signal: Strong Buy
Find detailed analytics on BOOM stock on TipRanks’ Stock Analysis page.