12/21/2017
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES GFG Resources Inc. (TSX-V:GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) is pleased to announce that further to its press release dated December 11, 2017 it has completed the acquisition of the West Porcupine Property from Probe Metals Inc. (TSX-V:PRB) (“Probe”) (the “West Porcupine Property Acquisition”) and the Swayze Project from Osisko Mining Inc. (TSX:OSK) (“Osisko”) (the “Swayze Property Acquisition”). Immediately prior to closing the acquisitions, the Company also closed the first tranche of its non-brokered private placement (the “Concurrent Financing”) for gross proceeds of C$4,228,305. West Porcupine Property Acquisition
GFG has acquired Probe’s 100% interest in the West Porcupine property, a land package consisting of 198 claims and covering approximately 245 km 2 located 50 kilometres southwest of Timmins, Ontario , in exchange for the issuance of 6,477,883 common shares of GFG, representing an implied
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12/11/2017
GFG Resources Also Announces Private Placement of up to C$7 Million Not for dissemination in the United States or through U.S. Newswires GFG Resources Inc. (TSX-V:GFG) (OTCQB:GFGSF) (“ GFG ” or the “ Company ”) is pleased to announce that it has entered into agreements (the “ Agreements ”) to consolidate a large, highly prospective land package west of Timmins, Ontario (See Figure 1) with each of Rapier Gold Inc. (TSX-V:RPR) (“ Rapier ”), Probe Metals Inc. (TSX-V:PRB) (“ Probe ”), and Osisko Mining Inc. (TSX:OSK) (“ Osisko ”). Under the respective Agreements, GFG will acquire all of the outstanding common shares of Rapier pursuant to a plan of arrangement (the “ Rapier Acquisition ”) and the West Porcupine Property from Probe (the “ West Porcupine Property Acquisition ”) and the Swayze Project from Osisko (the “ Swayze Property Acquisition ”) via property purchase agreements. In addition to the Agreements, the Company announces a non-brokered private placement to raise gross
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11/14/2017
Highlights: Extended gold mineralization 100 metres to the west at North Stock in RSR-019 that intersected 0.95 g/t Au over 22.9 metres and hosted visible gold. Hole RSR-011, a 130 metre step-out hole, extends gold mineralization to the west, returning 0.88 g/t Au over 18.3 metres and 0.59 g/t Au over 53.3 metres. System remains open to the west. Hole RSR-014, highlighted by 0.88 g/t Au over 27.4 metres and 0.40 g/t Au over 64.0 metres, expanded the southwestern extension of the North Stock deposit by 75 metres. Hole RSC-186 was a 200 metre step-out hole to the east from the North Stock deposit and demonstrated the system continues and remains open. The Company has completed approximately 90% of the 2017 drill program or 43 holes and has three holes that remain to be drilled. The program is expected to be completed in the coming weeks and assays will be released as they become available. SASKATOON, Saskatchewan , Nov. 14, 2017 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSX-V:GFG)
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09/20/2017
Highlights: Step-out hole RSC-188 intersected 0.45 grams of gold per tonne ("g/t Au") over 114.0 metres, demonstrating gold mineralization, brecciation and alteration continue to the west of North Stock. RSC-184 extended gold mineralization at Antelope Basin 200 metres to the east towards the Cowboy target with an intercept of 0.42 g/t Au over 73.2 metres. Drilling between the North Stock and Antelope Basin deposits outlined several intervals of low grade mineralization, outlining the potential to link the two deposits. Drill results at Blackjack intersected thick zones of gold-silver mineralization, highlighted by hole BJR-005: 0.79 g/t Au and 36.86 grams of silver per tonne (g/t Ag) over 18.3 metres and 0.36 g/t Au and 10.62 g/t Ag over 53.3 metres that demonstrate the system remains open to the west. The Company has completed approximately 50% of the 2017 drill program with 14 holes pending assay results and expects to complete the program in November. Greenfield drilling is
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07/14/2017
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") announces that it has granted, subject to certain vesting requirements, stock options to a new employee to purchase up to an aggregate of 75,000 common shares of the Company, exercisable for a period of five years at a price of CDN$0.55 per share. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. GFG Resources Inc. is a publicly traded precious metals exploration company headquartered in Saskatoon, Saskatchewan, Canada, whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB (GFGSF). The Company controls 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are
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06/27/2017
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") outlines an aggressive 2017 exploration program at its 100% controlled, 33,500-acre Rattlesnake Hills Gold Project in central Wyoming, United States. The fully funded, U.S.$4.0 million exploration program will consist of approximately 50 holes or 15,000 metres of drilling focused on four brownfield targets and six greenfield targets, additional soil and rock sampling and metallurgical testwork. Drilling is scheduled to begin in early July and will run through November 2017. With the recent land consolidation of the Rattlesnake Hills District , the Company is taking a district approach to its 2017 exploration program which is designed to meet the following objectives: Expand the strike and explore for off-set extensions of the known mineralized trends at North Stock and Antelope Basin which includes further testing the linkage between the two deposits; Follow-up on and test the strike and depth continuity of
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05/01/2017
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") is pleased to announce that it has retained the services of Renmark Financial Communications Inc. ("Renmark") to support the Company's investor relations activities. Renmark's primary objective is to increase market awareness through broker outreach and organizing broker presentations. The agreement is effective April 1, 2017 and runs for a period of six months ending on September 30, 2017 with an option to continue on a monthly basis thereafter. The fees incurred by GFG for these services will be a cash consideration of up to C$8,000 per month. Renmark does not have any interest, directly or indirectly, in GFG or its securities, or any right or intent to acquire such an interest. GFG Resources Inc. is a publicly traded precious metals exploration company headquartered in Saskatoon, Saskatchewan, Canada , whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB (GFGSF). The Company controls 100%
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03/17/2017
GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") announces that it has granted, subject to certain vesting requirements, stock options to directors, officers and employees to purchase up to an aggregate of 1,800,000 common shares, of the Company exercisable for a period of five years at a price of CDN$1.09 per share. The issuance of stock options represents 3.6 percent of the Company's current issued and outstanding common shares. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. GFG Resources Inc. is a publicly traded precious metals exploration company headquartered in Saskatoon, Saskatchewan, Canada, whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB (GFGSF). The Company controls 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately
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03/16/2017
'Plans 15,000 metre drill program for 2017' Highlights: Step-out hole RSC-185 discovered a new zone of mineralization 240 metres northeast of Antelope Basin and 350 metres southeast of North Stock with an intercept of 0.84 grams of gold per tonne ("g/t Au") over 38.1 metres. Drilling the area between North Stock and Antelope Basin further demonstrates linkage potential with an intercept of 0.60 g/t Au over 73.2 metres. Aggressive 15,000 metre drill program planned for 2017 focused on expanding known zones of mineralization and testing five high priority greenfield targets. GFG Resources Inc. (TSX VENTURE: GFG) (OTCQB: GFGSF) ("GFG" or the "Company") announces drill results from its 2016 drill program at its 100% controlled Rattlesnake Hills Gold Project in central Wyoming , United States . In 2016, the Company completed 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,
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02/22/2017
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES February 22, 2017, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that it has closed its private placement financing announced on January 31, 2017 for aggregate gross proceeds of C$5,002,500 (the “Offering”). The Offering consisted of a total of 4,350,000 common shares (“Common Shares”) of the Company at a price of C$1.15 per Common Share sold on a bought deal private placement basis through a syndicate of underwriters led by Cormark Securities Inc. and including Macquarie Capital Markets Canada Ltd, BMO Capital Markets and Mackie Research Capital Corporation (collectively the “Underwriters”). In consideration for their services, the Company has paid the Underwriters a cash commission of 6% of the gross proceeds of the
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01/31/2017
January 31, 2017, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc., pursuant to which the underwriters have agreed to purchase 4,350,000 common shares (“Common Shares”) at a price of C$1.15 per Common Share of the Company, on a bought deal private placement basis, for aggregate gross proceeds to the Company of approximately C$5.0 million (the “Offering”). The Company has also granted the underwriters an option to purchase up to 15% of the number of Common Shares sold pursuant to the Offering, exercisable at any time prior to the closing of the Offering. The net proceeds from the sale of the Common Shares will be used towards the Company’s 2017 exploration drilling program at its 100% owned Rattlesnake Hills gold project in Wyoming, U.S. and for general corporate purposes. The Offering is scheduled to close
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