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BOOM.CN ·

Global Business Leader Nader Elm Joins Galloper Gold’s Board Of Directors

Management Changes

2700, 1133 Melville St.

V6E 4E5 - Vancouver, B.C.

GalloperGold.com BOOM: CSE

Phone: 778-655-9266, [email protected]

GLOBAL BUSINESS LEADER NADER ELM JOINS

GALLOPER GOLD’S BOARD OF DIRECTORS

Vancouver, BC – December 1 9, 2024 – Galloper Gold Corp. ( CSE: BOOM; OTC: GGDCF )

(the “Company” or “Galloper”) is pleased to announce the appointment of Mr. Nader Elm to the Company’s

Board of Directors.

Mr. Elm is a seasoned senior business executive currently residing in Philadelphia, Pennsylvania, who excels

at strategic planning, operations and execution, with a focus on technology, media and telecommunications,

aerospace and mining. He has brought entrepreneurial and transformational elements from start -ups to multi-

billion dollar enterprises.

• Mr. Elm is Founder of Exyn Technologies Inc., a successful spin -out from the University of

Pennsylvania’s GRASP Labs leveraging ground -breaking AI robotics research in autonomous

navigation for vehicles to execute complex missions in commercial operations;

• Prior to Exyn, Mr. Elm was Senior VP of Strategy & Corp. Development at IMAX Corporation where

he was also General Manager of IMAX Private Theatre which grew rapidly from launch;

• Prior to IMAX, Mr. Elm was a member of the senior leadership team for Rogers Digital Media , a

division of Rogers Communications, where he successfully led the acquisitions and integration of two

digital properties;

• Mr. Elm’s earlier experiences also include Director of Corporate Strategy at Bell Canada, Vice -

President of Business Development at Blue Spark Media, and Senior Consultant at Boston -based

Adventis Consulting.

Mr. Hratch Jabrayan, Galloper CEO, commented: “Nader’s business acumen and ability to create and drive

value across multiple sectors are skills that have made him a highly successful entrepreneur. I’ve had the

pleasure of knowing Nader for many years and I’m delighted he’s agreed to join the Galloper Board. The fact

he has connections with many investors around the world, and often travels abroad on business, greatly

extends Galloper’s reach.”

Mr. Elm holds a B.Eng (Hons) from University College London, London University, and an MBA from

London Business School.

To make room for Mr. Elm on the Galloper Board, Mr. Bryan Loree has resigned as a Director but remains

the Company’s Chief Financial Officer. Galloper thanks Mr. Loree for his contributions as a Director.

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About 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 of Directors,

Mr. Hratch Jabrayan

CEO and Director

Galloper Gold Corp.

Company Contact:

[email protected]

Tel: 778-655-9266

Investor Relations:

MarketSmart Communications

Tel: 877-261-4466

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words

“anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar

expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions

on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements

because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and

conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those cur rently

anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and

risks associated with mineral exploration generally, risks related to capital markets, risks related to the state of financial markets or future

metals prices and the other risks described in the Company’s publicly filed disclosure.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this news release in order

to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance

or achievement could differ materially from those expressed in, or impli ed by, these forward-looking statements and, accordingly, no

assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do

so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this news release, and,

other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking

statements, whether as a result of new information, future events or results or otherwise.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or

accuracy of this release.