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Galloper Gold Corp ( (TSE:BOOM) ) has provided an update.
Galloper Gold Corp. has successfully closed a non-brokered private placement with Dundee Precious Metals Inc., raising $250,000 through the issuance of 5,000,000 common shares. The funds will be used to support exploration activities on the company’s flagship Glover Island property and to meet working capital needs, potentially enhancing Galloper’s position in the mineral exploration industry.
More about Galloper Gold Corp
Galloper Gold Corp. is a mineral exploration company focused on the Central Newfoundland Gold Belt, with key properties including Glover Island and Mint Pond. These properties are prospective for gold and base metals, with Glover Island featuring the historic Lucky Smoke gold occurrence.
Average Trading Volume: 155,642
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.42M
See more insights into BOOM stock on TipRanks’ Stock Analysis page.