• TSX-V: GFG
  • $0.48-0.02
  • Volume20,000
  • Range$0.48$0.49
  • 52 Week$0.47$1.35
  • Open$0.49
View more details
  • TSX-V: GFG
  • $0.48-0.02
  • Volume20,000
  • Range$0.48$0.49
  • 52 Week$0.47$1.35
  • Open$0.49
View more details
Press release year list 2018 2017 2016
Date Title
01/11/2018
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 closed the second tranche of its non-brokered private placement (the “Concurrent Financing”) previously announced on December 11, 2017, for gross proceeds of C$2,745,000. The total gross proceeds raised in the Concurrent Financing was C$6,973,305. In combination with the first tranche which closed on December 21, 2017 , the Company issued a total of 5,460,555 flow-through common shares at a price of C$0.55 per share for gross proceeds of C$3,003,305 (the “ FT Private Placement ”) and 7,940,000 units at a price of C$0.50 per unit for gross proceeds of C$3,970,000 (the “ Non-FT Private Placement ”), with each unit consisting of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at an exercise price of C$0.75 for a