Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") announces that it has granted incentive stock options ("Options") to purchase a total of 2,000,000 common shares at an exercise price of $0.07 per common share for a period of up to five (5) years to an officer and director and a consultant of the Company in accordance with the provisions of its omnibus equity incentive plan.

About Galloper Gold Corp.

Galloper is focused on mineral exploration in the Central Newfoundland Gold Belt with its flagship Glover Island Property, 24 km southeast of Corner Brook.

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.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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