Galloper Announces Option Grant, Insider Share Purchases and Marketing Agreement

Core Viewpoint - Galloper Gold Corp. has made significant moves to enhance its capital structure and marketing efforts, reflecting confidence in its growth prospects and intrinsic value of its stock. Group 1: Stock Options and Insider Purchases - The company granted incentive stock options to purchase a total of 1,500,000 common shares at an exercise price of $0.10 per share to consultants for capital markets advisory services, with vesting periods of two and three years [1] - CEO Hratch Jabrayan acquired 644,992 shares in the open market at an average price of $0.09 per share since February 9, 2026 [2] - Insiders purchased an aggregate of 2,500,000 units in a non-brokered private placement that closed on February 9, 2026, indicating strong insider confidence [3] Group 2: Insider Ownership - Following these transactions, insiders now own or control 11,430,671 shares, representing approximately 11.80% of the company's issued and outstanding shares as of February 25, 2026 [4] Group 3: Marketing Agreement - The company entered into a marketing agreement with Existing Agency Inc. for an initial term of six months, starting February 23, 2026, to provide marketing and media services [5] - The company will pay Existing Agency a fee of $5,000 per month for the services, which may be renewed for an additional six months by mutual agreement [6] Group 4: Company Overview - Galloper Gold Corp. focuses on mineral exploration in central Newfoundland, specifically on its Glover Island exploration project, which comprises 466 mining claims covering 116.6 square kilometers [9]