Like Gander Gold, Galloper Gold is a spinoff from Sassy Gold, formerly Sassy Resources…
Galloper Gold will soon be a publicly trading stock. The company is a gold explorer with properties in Newfoundland.
As of November 22, 2022, they have $7m (CDN) in cash and no debt.
Currently (February 07, 2023) the share structure is a s follows:
Sassy Gold has 8m shares.
Shawn Ryan, a technical adviser, has 3.25m shares
Total shares outstanding are 90m shares
Warrants outstanding are 7.75m
Grover Island, their flagship property, will be their first exploration priority.
Second to that will be the Mint Point property.
Once public, it will be interesting to look at a map and compare the Galloper Gold properties to the Gander Gold properties…in addition to the share prices, market capitalizations and trading volumes.