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GFG Signs Binding LOI with Patriot Gold to Sell its Rattlesnake Hills ...
GFG Signs Binding LOI with Patriot Gold to Sell its Rattlesnake Hills Gold Project SASKATOON, Saskatchewan, May 09, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a binding letter of intent (the “LOI”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the LOI, which will be formalized by a definitive agreement between the parties within forty-five (45) days (the “Transaction”), Patriot will pay GFG an aggregate consideration of a...
GFG Closes Private Placement Financing
GFG Closes Private Placement Financing NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, April 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) (see news release dated ) for gross proceeds of C$2,505,866. In connection with the Offering, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) purchased securities to maintain their 9.9% interest in the Company. Pursuant to the Offering, GFG issued (i) 9,278,635 units of the Company (“Units”)...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreeme...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement SASKATOON, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: 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: “. Pursuant to the Agreement, GFG issued a total of 2,500,000 common shares of the Company to ...
GFG Extends Private Placement & Plans to Close Financing on or Before ...
GFG Extends Private Placement & Plans to Close Financing on or Before April 19, 2024 NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, April 08, 2024 (GLOBE NEWSWIRE) -- Canada: GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that the Company has received approval from the TSX Venture Exchange to extend the closing of its previously announced non-brokered private placement financing (the “Offering”) (see news release dated ). The Company anticipates closing the financing on or before April 19, 2024. This news r...
GFG Resources Inc: 1 director
A director at GFG Resources Inc sold 3,200,000 shares at 0.085CAD and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
GFG Announces Amendment of LIFE Offering Document
GFG Announces Amendment of LIFE Offering Document NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, March 08, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announce that, due to a typographical error, it has filed an amended and restated offering document (“Form 45-106 F19”) dated March 8, 2024 (the “Amended and Restated Offering Document“) in connection with its previously announced private placement pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 –...
GFG Announces Private Placement Financing of up to C$3.3 Million
GFG Announces Private Placement Financing of up to C$3.3 Million NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, Feb. 23, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$3.3 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 9.99% interest in the Company upon com...
GFG Announces the Grant of Stock Options
GFG Announces the Grant of Stock Options SASKATOON, Saskatchewan, Feb. 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) pursuant to the Company’s annual executive compensation program, the Company announced that it has granted stock options to directors, officers, employees and senior consultants to purchase up to an aggregate of 3,590,000 common shares of the Company. The stock options have various vesting periods and are exercisable for a period of five years at a price of $0.09 per common share, being the closing price on February 14,...
GFG Hits Multiple Veins with Visible Gold at Aljo and a New Footwall Z...
GFG Hits Multiple Veins with Visible Gold at Aljo and a New Footwall Zone Grading 13.35 g/t Gold over 3.6 Metres, East of Timmins, ON KEY HIGHLIGHTS: Hole ALJ-23-004 returned broad zones of anomalous gold from surface to approximately 265 m downhole in mafic volcanics below the Aljo Mine workings along with high-grade zones with visible gold including: 3.65 grams of gold per tonne (“g/t Au”) over 6.3 metres (“m”) including 18.40 g/t Au over 1.1 m from 125.7 m downhole; and13.35 grams g/t Au over 3.6 m, including 32.94 g/t Au over 1.4 m from 350.5 m downhole. A new footwall zone was interse...
GFG Hits Multiple, Shallow Lenses at Montclerg Gold System including 1...
GFG Hits Multiple, Shallow Lenses at Montclerg Gold System including 12.8 Metres of 3.09 g/t Gold KEY HIGHLIGHTS: Hole MTC-23-060 intercepted multiple near-surface lenses in the bulk tonnage MC Main Zone including 24.9 metres (“m”) of 1.05 grams of gold per tonne (“g/t Au”) and 41.8 m of 0.92 g/t Au at the Montclerg Gold Project (“Montclerg” or the “Project”).Hole MTC-23-062 returned one of the highest-grade intercepts drilled to-date within the bulk-tonnage style Main Zone of 3.09 g/t Au over 12.8 m and 1.16 g/t Au over 12.8 m near surface.Assay results (8 holes) from the Aljo Mine Targ...
GFG Significantly Expands Montclerg Gold System at Depth with 12.8 Met...
GFG Significantly Expands Montclerg Gold System at Depth with 12.8 Metres of 4.79 g/t Gold from a 150-metre Step-Out Hole KEY HIGHLIGHTS: Hole MTC-23-059, a 150-metre step-out hole down-dip, returned 4.79 grams of gold per tonne (“g/t Au”) over 12.8 metres (“m”) including 10.05 g/t Au over 4.3 m at the Montclerg Gold Project (“Montclerg” or the “Project”).Hole MTC-23-063 returned 3.38 g/t Au over 5.8 m near surface.Assay results from 12 holes remain pending. Drilling is planned to resume in February with a primary focus at Montclerg and testing high-priority targets across the Go...
GFG Exercises its Option and Earns 100% in the Montclerg Gold Project ...
GFG Exercises its Option and Earns 100% in the Montclerg Gold Project in the Prolific Timmins Gold District SASKATOON, Saskatchewan, Oct. 24, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has completed its earn-in requirements to earn 100% of the Montclerg Gold Project (“Montclerg” or the “Project”) pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”)(see news release: “”). Pursuant to the Agreement, GFG issued its final share payment of 3,53...
GFG Provides Update on Rattlesnake Hills Gold Project Option Agreement...
GFG Provides Update on Rattlesnake Hills Gold Project Option Agreement with Group 11 Technologies SASKATOON, Saskatchewan, Sept. 11, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the termination of its option and earn-in agreement (the “Agreement”) with Group 11 Technologies Inc. (“Group 11”), a privately-owned corporation, to advance GFG’s Rattlesnake Hills Gold Project (the “Project”) in Wyoming, United States. Under the terms of the Agreement, Group 11 had the right to acquire, in multiple stages, up to 70% of the Project by c...
GFG Drills 10.21 g/t Gold over 2.7 Metres from its Deepest Drill Inter...
GFG Drills 10.21 g/t Gold over 2.7 Metres from its Deepest Drill Intercept to Date at its Montclerg Gold Project Located in the Timmins Gold District KEY HIGHLIGHTS: Hole MTC-23-057 returned the deepest high-grade Lower Footwall intercept to-date at the Montclerg Gold Project (“Montclerg” or “Project”) yielding 10.21 grams of gold per tonne (“g/t Au”) over 2.7 m including 16.20 g/t Au over 1.5 metres (“m”) from 330 m below surface.Hole MTC-23-056 intersected multiple zones at MC Central highlighted by 0.92 g/t Au over 33.0 m in the Lower Main Zone and 5.78 g/t Au over 1.1 m in the Lower Fo...
GFG Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project...
GFG Drills 9.97 g/t Gold over 8.1 Metres at its Montclerg Gold Project Located in the Timmins Gold District: Extending High-Grade Gold Mineralization at the MC Central Zone and Outlining New Gold Mineralization 1 km to the East KEY HIGHLIGHTS: Drilling at the Montclerg Gold Project (“Montclerg”) continues to return high-grade and bulk tonnage intercepts demonstrating continuity within an expanding gold system.Hole MTC-23-054 returned multiple gold zones with a highlight of: 9.97 grams of gold per tonne (“g/t Au”) over 8.1 metres (“m”) in the Upper Footwall zone, yielding one of the best gr...
GFG Announces Senior Management Changes
GFG Announces Senior Management Changes SASKATOON, Saskatchewan, May 15, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the appointment of Mr. Anders Carlson as Vice President, Exploration effective May 15, 2023. In connection with the change, Dr. Natalie Pietrzak-Renaud will remain as a consultant in an advisory role for a period of time to ensure a smooth transition. "We are grateful to Natalie for her unwavering commitment and significant contributions towards advancing our exploration efforts in Timmins. We recognize Natali...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreeme...
GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement SASKATOON, Saskatchewan, April 13, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: 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: “”). Pursuant to the Agreement, GFG issued a total of 1,213,592 common shares of the Company to...
GFG Drills High-Grade Gold on First Drill Test at Aljo, Extends Montcl...
GFG Drills High-Grade Gold on First Drill Test at Aljo, Extends Montclerg 1 km East & Resumes Drilling in Timmins KEY HIGHLIGHTS: First pass drilling at the Aljo Mine Target (“Aljo”) successfully returned high-grade gold intervals at shallow depths across multiple vein systems along with broader intervals of low-grade mineralization. ALJ-22-002: 3.03 grams per tonne gold (“g/t Au”) over 12.9 metres (“m”) including 59.80 g/t Au over 0.60 m and 6.58 g/t Au over 4.3 m including 27.4 g/t Au over 1.0 m Hole MTC-22-044 successfully confirmed gold mineralization continues 1 km to the east of MC ...
GFG Closes Oversubscribed Private Placement Financing
GFG Closes Oversubscribed Private Placement Financing NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, March 21, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed the oversubscribed, private placement financing (the “Offering”) (see news releases dated and ) for gross proceeds of C$4,199,578. In connection with the Offering, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) purchased securities to increase their position to a 9.99% interest in the Company. Pursuant to the Offering, GFG...
GFG Upsizes Private Placement Financing to C$4.2 Million
GFG Upsizes Private Placement Financing to C$4.2 Million NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, March 02, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that due to investor demand it has increased the size of its previously announced private placement financing (the “Offering”) (see news release dated ) to raise gross proceeds of up to C$4.2 million (the “Offering”). In connection with the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX: AGI; NYSE: AG...
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