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The latest update is out from Galloper Gold Corp ( (TSE:BOOM) ).
Galloper Gold Corp announced a strategic investment by Dundee Precious Metals Inc., involving a non-brokered private placement of 5,000,000 common shares at $0.05 per share, raising $250,000. The funds will support exploration activities on Galloper’s Glover Island property and working capital needs, with the investment marking a significant endorsement of Galloper’s operations and future growth prospects in the mining 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, both prospective for gold and base metals.
Average Trading Volume: 155,955
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$3.91M
Learn more about BOOM stock on TipRanks’ Stock Analysis page.