• TSX-V: GFG
  • $0.21+0.01
  • Volume3,500
  • Range$0.21$0.21
  • 52 Week$0.17$0.54
  • Open$0.21
View more details
  • TSX-V: GFG
  • $0.21+0.01
  • Volume3,500
  • Range$0.21$0.21
  • 52 Week$0.17$0.54
  • Open$0.21
View more details
Press release year list 2018 2017 2016
Date Title
12/13/2016
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF)("GFG" or the "Company") announces that it has completed its Phase I and II exploration programs at its 100% owned Rattlesnake Hills Gold Project in central Wyoming, United States. In 2016, the Company planned a two-phase exploration approach that included a regional soil geochemical survey, ground-based and airborne geophysical programs over the entire property, geologic and alteration mapping and a 12-hole, 3,500 metre drill program focused on three advanced target areas: North Stock, Antelope Basin and Blackjack. Brian Skanderbeg , President and CEO commented, "We have been able to accomplish a lot in 2016 and I am very pleased with our progress at Rattlesnake. The completion of our 2016 exploration programs, and the results to date, set the stage for GFG to take advantage of our newly consolidated land package. We have a better understanding of the district and have identified over 30 targets that remain to be tested. We look
12/12/2016
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") is pleased to announce that the Company's common shares have started trading on the OTCQB Venture Market in the United States under the symbol "GFGSF". Investors can now trade with access to real-time level 2 quotes and view a list of the Company's news releases and financial disclosure documents by visiting http://www.otcmarkets.com/stock/GFGSF/quote. OTC Markets Group Inc. , located in New York, N.Y. , operates the world's largest electronic interdealer quotation system for broker dealers to trade securities not listed on any other United States stock exchange . GFG Resources Inc. is a publicly traded precious metals exploration company headquartered in Saskatoon, Saskatchewan Canada, whose shares trade on the Toronto Venture Stock Exchange (GFG) and on the OTCQB (GFGSF). The Company owns 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100
12/07/2016
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") is pleased to announce the appointment of Mr. Arnold Klassen to its Board of Directors ("Board"). Mr. Klassen will join the Board effective immediately. "We are pleased to have Mr. Klassen bring his significant board experience to our team," stated Patrick Downey , Chair of the Board. "His wide range of expertise and skills, with a focus on accounting, finance and corporate governance, complement our Board well and will benefit the Company as we advance the Rattlesnake Hills Gold Project ." Mr. Klassen is a Chartered Professional Accountant with over 35 years of experience in accounting, audit and tax, of which includes over 30 years of experience in the mining industry. Mr. Klassen is currently President of AKMJK Consulting Ltd., a private consulting company, and prior to that was the Vice President of Finance for Dynatec Corporation. Mr. Klassen has significant board experience which includes, Lake Shore
11/01/2016
GFG Resources Inc. (TSX VENTURE: GFG) ("GFG" or the "Company") is pleased to announce that it has received all required permits to begin drilling at its 100% owned Rattlesnake Hills Gold Project in central Wyoming, United States. As part of its Phase II exploration program, the Company has initiated a 5,000 to 7,500 metre drill program that will focus on the direct extensions and proximal analogies at the North Stock and Antelope Basin deposits and the Black Jack target. The drill program will utilize two reverse circulation rigs and one core rig and will be completed in the fourth quarter of 2016. Brian Skanderbeg , President and CEO, commented, "We are excited to initiate an aggressive fourth quarter drill program at our Rattlesnake Hills Gold Project . We have analyzed a significant amount of historical data and have completed our Phase 1 exploration program, which included a field program comprised of soil sampling and an airborne VTEM survey paired with detailed geological and
10/26/2016
GFG Resources Inc. Begins Trading on TSX Venture Exchange October 26, 2016, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX.V: GFG) (“GFG” or the “Company”) announces that effective Thursday, October 27, 2016 at the opening of trading, the Company will begin trading under the symbol “GFG” on the TSX Venture Exchange (“TSXV”). As a result of completing the reverse take-over transaction (the “RTO”) with Crest Petroleum Corp (NEX: CTP.H) and meeting the necessary listing requirements, GFG has graduated from NEX to the TSXV as a Tier 2 Mining Issuer. The Company’s capital structure consists of 43,253,483 common shares and 340,000 stock options outstanding. Certificates and/or letters of transmittal for the common shares of Crest (now GFG) issued in connection with the RTO have been processed and are being mailed out to applicable shareholders of GFG. Full details concerning the RTO and descriptions of the new board of directors and management of GFG are included in the joint
10/22/2016
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES GFG and Crest Complete Reverse Take-Over Transaction October 21, 2016, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (“GFG” or the “Company”) and Crest Petroleum Corp. (TSX.V: CTP-H) (“Crest”) are pleased to announce the completion of the previously announced reverse take-over transaction (“RTO”). Reverse Takeover Pursuant to the RTO, Crest has acquired, on a one for one basis, all of the issued and outstanding shares of GFG in exchange for a total 38,503,483 common shares of Crest (the “Crest Shares”), of which 9,806,536 Crest Shares are subject to escrow restrictions for a period of three years in accordance with the polices of the TSX Venture Exchange (the “Exchange”). The remaining 28,696,947 Crest Shares are subject to a mandatory pooling restriction of which 25% are immediately free-trading and the remaining 75% are subject to a six month hold period expiring April 21, 2017.
10/14/2016
October 14, 2016, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (“GFG” and or the “Company”) and Crest Petroleum Corp. (TSX.V: CTP-H) (“Crest”) are pleased to announce the receipt of the required shareholder approvals for the previously announced plan of arrangement (the “Arrangement”). On closing of the Arrangement, Crest will acquire 100% of the issued and outstanding securities of GFG in exchange for like securities of Crest on a one for one basis that will result in a reverse take-over and change of control of Crest by the shareholders of GFG. The Arrangement transaction was approved by 97.61% of the votes cast by GFG shareholders and 100% of the votes cast by Crest shareholders at the respective shareholder meetings held today. The transaction is expected to close on or about October 21, 2016 following receipt of final court approval for the Arrangement and other customary closing conditions. Once completed, the resulting issuer will change its name to GFG Resources Inc.
10/12/2016
October 12, 2016, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (“GFG” and or the “Company”) and Crest Petroleum Corp. (TSX.V: CTP-H) (“Crest”) announce that GFG has added 439 new mining claims and a Wyoming State fee land mining lease (approximately 9,500 acres) within and adjacent to its Rattlesnake Hills Project in central Wyoming, U.S. The additional claims and the Wyoming state fee land mining lease were acquired by GFG through a purchase and sale agreement (the “Agreement”) with Innovation Exploration Ventures LLC and Newstrike Resources Ltd. (the “Vendors”) and a staking program. The Agreement consists of 94 unpatented lode mining claims (“IEV Claims”) and a Wyoming State fee land mining lease (the “IEV State Lease”) that total approximately 2,540 acres of land. In consideration for the IEV Claims, the Company has agreed to pay US$39,423 in cash and 100,000 common shares of GFG. In addition, the Vendors shall each retain a one-percent (1%) net smelter returns royalty on
09/12/2016
Crest Petroleum Corp. (TSX VENTURE:CTP.H) (“ Crest “) is pleased to announce that, further to its news release of June 27, 2016, it has entered into a formal arrangement agreement (the “ Arrangement Agreement “) with GFG Resources Inc. (“ GFG “) to acquire 100% of the issued and outstanding securities of GFG in exchange for like securities of Crest on a one for one basis that will result in a reverse take-over and change of control of Crest by the shareholders of GFG (the “ Transaction “). GFG Resources is a private British Columbia company which owns a 100% interest in the Rattlesnake Hills gold exploration project (the “Rattlesnake Hills Project“) comprised of 1,281 unpatented lode mining claims and seven (7) state fee land leases totalling approximately 26,500 acres in Natrona County, Wyoming, U.S.A. GFG has recently completed, by way of share exchange, its acquisition of GFG US and a series of private placements totalling 17,090,564 shares at a price of US$0.25 per share for gross
06/27/2016
Crest Petroleum Corp. (TSX VENTURE:CTP.H) (“ Crest “) is pleased to announce that it has signed a binding letter of intent (the “ LOI “) with GFG Resources Inc. (“ GFG Resources “) to acquire 100% of the issued and outstanding shares of GFG Resources (“ GFG Shares “) in exchange for shares of Crest (“ Crest Shares “) that will result in a reverse take-over of Crest, a capital pool company, by the shareholders of GFG Resources (the “ Transaction “). GFG Resources is a private British Columbia company that has reached an agreement in principle to acquire (the “GFG US Acquisition“) all of the issued and outstanding shares of GFG Resources (US) Inc., a private Nevada corporation (“GFG US” and, together with GFG Resources, “GFG“) in exchange for common shares of GFG Resources, on a one share for one share equivalent basis. GFG US owns and/or controls, subject to underlying royalties, an undivided 100% interest in the Rattlesnake gold exploration project (the “Rattlesnake Project“)