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15.04.25 - 00:36
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GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement (GlobeNewswire EN)
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SASKATOON, Saskatchewan, April 14, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “GFG Finalizes WWCC Property Acquisition East of the Prolific Timmins Gold District”)....
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11.04.25 - 12:33
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GFG Upsizes and Amends Previously Announced Flow-Through Private Placement (GlobeNewswire EN)
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SASKATOON, Saskatchewan, April 11, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has increased and amended its previously announced private placement ("Offering"). The Company has decided to increase the Offering to C$3.0 million and amend the sale of premium flow-through units ("Premium Units") to provide that each Premium Unit will now consist of one common share of the Company and one whole share purchase warrant (a “Warrant”), with each Warrant entitling the holder thereof to acquire one additional common share of the Company at an exercise price of C$0.28 for a period of 24 months from the date of issuance. Each of the common shares and Warrants comprising the Premium Units will qualify as a “flow-through share” for the purposes of the Income Tax Act (Canada)....
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03.04.25 - 12:33
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GFG Announces C$2.5 Million Flow-Through Private Placement (GlobeNewswire EN)
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SASKATOON, Saskatchewan, April 03, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement of premium flow-through units ("Premium Units") to raise gross proceeds of up to C$2.5 million (the “Offering”). As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX: AGI; NYSE: AGI) has committed to purchase securities in the Offering to maintain their position at a 10.8% interest in the Company upon completion of the Offering....
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06.03.25 - 12:33
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GFG Signs Exploration Agreement with Apitipi Anicinapek Nation (GlobeNewswire EN)
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SASKATOON, Saskatchewan, March 06, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that it has entered into an Exploration Agreement (“EA”) with Apitipi Anicinapek Nation (“AAN”) with respect to the Company's Goldarm Property (“Goldarm” or the “Project”) located in the world-class Timmins Gold District of Ontario, Canada. The EA sets the stage for continuous consultation with AAN, providing the community with the chance to engage in the Project through employment, training, and business growth opportunities. As outlined in the EA, GFG will allocate contributions to a community fund based on its exploration expenses in AAN territory. Furthermore, within 10 business days of TSXV approval, the Company will issue $20,000 in GFG common shares to AAN. GFG will calculate the number of shares based on the average closing price of the shares for the five days preceding this announcement, or such alternative pricing as...
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17.12.24 - 00:03
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GFG Closes Sale of its Rattlesnake Hills Gold Project with Patriot Gold (GlobeNewswire EN)
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SASKATOON, Saskatchewan, Dec. 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the closing of the sale (the “Transaction”) of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”) a wholly owned subsidiary of Axcap Ventures Inc. (“Axcap”). Under the terms of the Transaction, Patriot will pay GFG an aggregate consideration of approximately C$3.3 million....
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16.08.24 - 20:48
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GFG Signs Definitive Agreement with Patriot Gold to Sell its Rattlesnake Hills Gold Project (GlobeNewswire EN)
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SASKATOON, Saskatchewan, Aug. 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a definitive agreement (the “Agreement”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the Agreement, Patriot will pay GFG an aggregate consideration of approximately C$3.3 million (the “Transaction”). GFG and Patriot had previously announced the signing of a letter of intent (“LOI”) on May 9, 2024 (see press release: “GFG Signs Binding LOI with Patriot Gold to Sell its Rattlesnake Hills Gold Project”)....
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