• TSX-V: GFG
  • $0.18+0.00
  • Volume76,003
  • Range$0.17$0.18
  • 52 Week$0.14$0.31
  • Open$0.18
View more details
  • TSX-V: GFG
  • $0.18+0.00
  • Volume76,003
  • Range$0.17$0.18
  • 52 Week$0.14$0.31
  • Open$0.18
View more details
Press release year list 2021 2020 2019 2018 2017 2016
Date Title
04/14/2021
SASKATOON, Saskatchewan, April 14, 2021 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“ GFG ” or the “ Company ”) is pleased to announce that it has signed an 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 has the right to acquire, in multiple stages, up to 70% of the Project by completing a series of exploration and development expenditures (“Expenditures”) summarized below and making staged cash and equity payments to GFG.
Group 11 is led by a group of technical pioneers and experts in the development and application of in-situ recovery (“ISR”) with significant experience operating in Wyoming. Group 11’s goal is to combine, a non-invasive extraction technology with an environmentally friendly water-based chemistry to recover gold and other metals,
04/06/2021
SASKATOON, Saskatchewan, April 06, 2021 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to announce that Lisa Riley has been appointed as an independent member to the Board of Directors (the “Board”). In addition, the Company is pleased to welcome Carl Edmunds as a strategic technical advisor.
“On behalf of GFG, I am pleased to welcome Lisa and Carl to the team. The combination of these two individuals will strengthen our strategic planning and technical depth as we strive to be a North American gold exploration leader,” stated Patrick Downey, Chair of the Board. “Lisa brings significant experience in global capital markets, stakeholder relations and finance. Carl’s significant technical expertise and vast experience across the Abitibi will undoubtedly provide value in our quest to make the next gold discovery.” Board Addition – Lisa Riley
Lisa has nearly 30 years of experience in global capital markets, finance, mining
02/24/2021
Highlights:
Discovered gold mineralization on first pass drill testing of the Boundary Trend from hole PEN-20-070 (4.66 g/t Au over 1.2 m and 5.02 g/t Au over 0.7 m); Demonstrated that the Broadway Prospect is prospective over a 1.2 km trend from 600 m step-out hole that hit 5.43 g/t Au over 0.5 m; Hit multiple zones of broad gold mineralization along strike at the Nib Prospect in hole PEN-20-061 (0.81 g/t Au over 10.0 m) and hole PEN-20-062 (6.27 g/t Au over 1.0 m and 0.92 g/t Au over 13.0 m); 2021 winter drill program of 4-5,000 m has begun. Priority drill targets include Slate Rock and R66 followed by Boundary, Sewell North and Nib; and Announces fully funded 2021 exploration program of approximately C$3.0 million that includes 8-10,000 m of drilling.
SASKATOON, Saskatchewan, Feb. 24, 2021 (GLOBE NEWSWIRE) - GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports the remaining results from its Phase 2 2020 drill program at its 100% owned Pen
02/16/2021
SASKATOON, Saskatchewan, Feb. 16, 2021 (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 officers, employees and senior consultants to purchase up to an aggregate of 1,245,000 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 $0.165 per common share.
The Company is also pleased to announce that the Company’s President and CEO and its Board of Directors will maintain their reduced annual cash compensation in a continued effort to maximize the Company’s in-the-ground exploration expenditures. In lieu of the reduced compensation, the Company will grant the President and CEO and its Board of Directors stock options to purchase an aggregate of 651,241 common shares of the Company. These options vest over the next four quarters,