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BOOM.CN ·

Galloper Gold Corp. Announces Listing and Trading of its Common Shares on the Canadian Securities Exchange

Listings & Exchange

CSE: BOOM

900-885 W Georgia St

Vancouver, BC V6C 3H1

778-655-9266

[email protected]

GalloperGold.com

CW21606720.1

GALLOPER GOLD CORP. ANNOUNCES

LISTING AND TRADING OF ITS COMMON SHARES ON

THE CANADIAN SECURITIES EXCHANGE

VANCOUVER, BC – February 29, 2024 – Galloper Gold Corp. (CSE: BOOM) (the “Company” or

“Galloper”), a corporation involved in mineral exploration in Newfoundland, is pleased to

announce that the Company’s common shares are approved for listing on the Canadian

Securities Exchange (the “CSE”) effective March 1, 2024 (the “Listing Date”) and will commence

trading on the CSE at the market open on the Listing Date under the symbol “BOOM”.

On January 30, 2024, Galloper was issued a receipt (the “Receipt”) for its final long -form

prospectus dated January 25, 2024 (the “Prospectus”), which is available under the Company’s

profile on SEDAR+ at www.sedarplus.ca.

As of the Listing Date, Galloper has 30,309,052 shares outstanding and 2,583,334 warrants

outstanding, with each warrant being convertible into one share at an exercise price of $0.15

until November 1, 2024. An aggregate of 1,533,335 shares and 433,334 warrants are subject to

escrow restrictions pursuant to National Policy 46-201 whereby 10% are released on the Listing

Date and an additional 15% will be released on the dates that are 6, 12, 18, 24, 30 and 36 months

after the Listing Date.

Galloper Gold Corp.

Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its

Glover Island and Mint Pond properties, each prospective for gold and base metals. The Glover

Island Property consists of 532 mining claims totaling 13,300 hectares, while Mint Pond consists

of 499 claims totaling 12,475 hectares.

For more information please visit www.GalloperGold.com and the Company’s profile on SEDAR+

at www.sedarplus.ca.

ON BEHALF OF THE BOARD

“Mark Scott”

Mark Scott

Chief Executive Officer

For further information, please contact:

Email: [email protected]

Telephone: 778-655-9266

CW21606720.1

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies

of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This news release includes certain “forward -looking statements” under applicable Canadian securities

legislation. Forward-looking statements consist of statements that are not purely historical, including

any statements regarding beliefs, plans, expectatio ns or intentions regarding the future. Such forward -

looking statements in this news release include, but are not limited to, statements regarding the trading

of the Shares on the CSE, the exploration of the Company’s Glover Island and Mint Pond properties, and

the Company’s plans for development of its business. Such statements are subject to risks and

uncertainties that may cause actual results, performance or developments to differ materially from those

contained in the statements, including risks related to factors beyond the control of the Company,

including the risks that the Shares may not become listed on the CSE and that the Company’s business

may not develop as set out in this news release. No assurance can be given that any of the events

anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company

will obtain from them. There can be no assurance that such statements will prove to be accurate, as

actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward -looking statements. The Company

disclaims any intention or obligation to update or revise any forward -looking statements, whether as a

result of new information, future events or otherwise, except as required by law.