From GlobeNewswire: 2025-04-14 18:35:00

GFG Resources Inc. has issued shares to International Explorers and Prospectors Inc. as part of an option agreement to acquire a 100% interest in the WWCC Property near Timmins, Ontario. The total of 1,334,757 common shares were issued at a deemed value of C$0.187 per share. The shares will be subject to a hold period of four months and one day from the date of issuance. GFG Resources Inc. focuses on district scale gold projects in tier one mining jurisdictions, operating three gold projects in the Timmins Gold Camp in Ontario, Canada. The projects have geological settings similar to those hosting over 70 million ounces of gold in the Timmins Gold Camp.

For further information, contact Brian Skanderbeg, President & CEO, or Marc Lepage, Vice President, Business Development, at (306) 931-0930 or email [email protected]. Stay connected with GFG Resources Inc. on Twitter (@GFGResources), LinkedIn, and Facebook. The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the release’s adequacy or accuracy.

Caution is advised regarding forward-looking information in the news release. All statements in the release, aside from historical facts, are considered forward-looking information or statements. Forward-looking statements involve risks and uncertainties that may cause actual results to differ from those expressed or implied in the statements. GFG Resources Inc. assumes no obligation to update forward-looking statements unless required by law.



Read more at GlobeNewswire: GFG Issues Shares to IEP Pursuant to WWCC Gold Property