G2 Goldfields Inc.

G2 Goldfields Inc. announces that the TSX Venture Exchange has conditionally approved the adjustment of the exercise price of 4,807,692 warrants with an exercise price of $1.00 that were outstanding on April 9, 2021 ) to $0.958. The other warrants that were outstanding as of the effective date of the Spin-Out Arrangement were not permitted to be adjusted under the TSXV's policies. The exercise price of the Adjusted [...]

G2 Goldfields Inc. is pleased to announce additional drilling intercepts of high-grade gold from the Company's ongoing drilling program at the 19,200-acre OKO project, Guyana. To date, G2 has completed 89 diamond drill holes totalling 20,352 metres. Drilling has defined five parallel auriferous shear zones at Oko, with gold mineralization established over an 800-metre strike length and to depths exceeding 350 metres. Of [...]

G2 Goldfields Inc. announces that it has granted an aggregate of 825,000 options to directors, officers, employees and consultants of the Company, with such options being exercisable at a price of $0.60 per share until August 25, 2024 and vesting as to one-quarter immediately and one-quarter after 6, 12 and 18 months respectively from the date of grant. The grant of options is subject to the approval and requirements of [...]

G2 Goldfields Inc. announces that Carmelo Marrelli has been appointed as the Company's Chief Financial Officer. Mr. Marrelli will succeed Paul Murphy, who has retired from the position. The Board of Directors wishes to thank Mr. Murphy for his services to the Company. Mr. Marrelli is the principal of The Marrelli Group of Companies. He is a Chartered Professional Accountant and a member of the Chartered Governance [...]

G2 Goldfields Inc. is pleased to report additional assay results from the Company's ongoing drilling program at the Oko project, Guyana. High-grade gold mineralization at Oko presents as visible gold within sheared quartz veins in carbonaceous sediments. The mineralized shears strike north to south, dip steeply to the east, and are continuous for hundreds of meters along strike, down dip and down plunge. Six parallel [...]

G2 Goldfields Inc. is pleased to announce additional assay results from the Company's ongoing exploration program at the 19,200-acre Oko Property. Since the resumption of drilling on March 12, 2021, G2 has drilled an additional sixteen diamond drill holes totalling 4,412 m. Results from the first two holes, OKD-65 and 66, were reported in a press release dated May 6, 2021, and results for an additional two holes, OKD-67 [...]

G2 Goldfields Inc. is pleased to provide an update on the Company's exploration program at the Oko project. Diamond drilling recommenced March 12, 2021, and to date, an additional seven holes totalling 2,421 metres have been completed. The Company has received assay results for two of the seven holes, and results are reported herein. G2 continues to refine its geological model for Oko. Drilling has established at least [...]

G2 Goldfields Inc. and S2 Minerals Inc. are pleased to announce that the previously announced spin-out of the Company's Sandy Lake project into a wholly-owned subsidiary of the Company, S2, by a Plan of Arrangement under the Canada Business Corporations Act has been completed. The Arrangement was effective at 12:01 a.m. on April 9, 2021. Pursuant to the Arrangement, G2 will distribute 100% of the common shares of S2 it [...]

G2 Goldfields Inc. wishes to clarify the dates for the "due bill" trading procedures set out in its news release dated March 31, 2021. In order to accommodate the trading and clearing requirements of the TSX Venture Exchange, the G2 common shares will commence trading on a "due bill" basis effective from the opening of markets on April 7, 2021 rather than April 8, 2021. The change was necessary since the proposed spin-out [...]

G2 Goldfields Inc. is pleased to announce that it has received a final order from the Ontario Superior Court of Justice approving the previously announced proposed spin-out of the Company's Sandy Lake property into a wholly-owned subsidiary of G2, S2 Minerals Inc., by a Plan of Arrangement under the Canada Business Corporations Act. Pursuant to the Arrangement, G2 will spin-out all of the common shares of S2 it receives [...]