GFG Resources Inc.

GFG Resources Inc. reports initial results from nine holes from its recently completed 8,900 metre , Phase 2 2020 drill program at its 100% owned Pen Gold Project . During the Phase 2 drill program, the Company completed a total of 30 holes testing multiple targets at the Sewell, HGM, Crawford, Nib, Boundary, Broadway and Broadsword regional targets . The remaining 21 holes are being processed and the Company will release [...]

GFG Resources Inc. has announced the election of four board members at its annual meeting held on November 12, 2020. Shareholders elected board members Patrick Downey, Arnold Klassen, Brian Booth and Brian Skanderbeg. Voting Results for GFG Nominee Votes For % Votes For Withheld % Votes Withheld Patrick Downey 33,928,214 99.895 35,600 .105 Arnold Klassen 33,925,202 99.886 38,612 .114 Brian Booth 33,928,214 99.895 35,600 [...]

GFG Resources Inc. has identified a new high-grade gold target with grab samples of up to 65.90 grams of gold per tonne from a recent prospecting program at its 100% owned, district-scale, Pen Gold Project . In addition to its surface exploration program, the Company is well advanced on its Phase 2 drill program at the Project. To date, the Company has completed 5,200 metres of the 8,500 metre drill program and expects to [...]

Brian Skanderbeg, President & CEO, GFG Resources Inc. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]

GFG Resources Inc. announces that it has started its Phase II 8,500 metre drill program testing high-grade gold targets at its 100% owned, district-scale, Pen Gold Project . The Project is located approximately 40 kilometres west of the prolific Timmins Gold District in Ontario. The contiguous land package, one of the largest in the region, consists of approximately 475 square kilometres and is situated between [...]

GFG Resources Inc. provides an update on its current exploration programs including initial high-grade gold results from its on-going regional surface exploration program at its 100% owned Pen Gold Project in Ontario. The Pen Gold Project is located 40 km west of the prolific Timmins Gold District and is part of a consolidated, underexplored land package of approximately 680 square kilometres that includes the Dore Gold [...]

Key Points: Successful Phase 1 2020 drill program that included: • A new gold discovery at the Nib Prospect of 71.27 grams of gold per tonne over 8.5 metres . • Intercepted significant visible gold and broad zones of low-grade gold mineralization at Slate Rock target in hole PEN-20-049. • Extended the HGM Prospect down to 500 m depth intercepting up to 12.80 g/t Au over 1.0 m. Doubled 2020 exploration [...]

GFG Resources announces that it has closed the oversubscribed, non-brokered private placement financing for gross proceeds of C$5,905,624. As previously disclosed, Alamos Gold Inc. has purchased securities under the Offering to obtain a 9.9% interest in the Company. Pursuant to the Offering, the Company issued 15,818,420 common shares of the Company that will qualify as “flow-through shares” for the purposes of the Income [...]

GFG Resources announces that it intends to increase the size of its previously announced non-brokered private placement financing to an aggregate total of approximately C$6.0 million to accommodate demand from existing and new shareholders. As previously disclosed, Alamos Gold Inc. has committed to purchase securities under the Offering to obtain a 9.9% interest in the Company upon completion of the Offering. The Offering [...]

GFG Resources Inc. announces a non-brokered private placement to raise gross proceeds of up to C$5.0 million. As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. has committed to purchase securities under the Offering to obtain a 9.9% interest in the Company upon completion of the Offering. The Offering will consist of any combination of common shares of the Company that will qualify as [...]