Galloper Gold Completes Debt Settlement

Core Points - Galloper Gold Corp. has issued 1,000,000 common shares at a deemed price of $0.065 per share to settle a debt of $65,000 related to past management services [1][2] - Hratch Jabrayan, the CEO and a director, was the sole creditor in this debt settlement, making it a related party transaction [2] - The shares issued are subject to a statutory hold period of four months following the debt settlement [3] Company Overview - Galloper Gold Corp. is focused on mineral exploration in the Central Newfoundland Gold Belt, with key properties including the Glover Island Property and the Mint Pond prospect [4] - The company recently completed its first diamond drilling program at Glover Island since 2012, having drilled six holes with results pending [4]