Not for dissemination or distribution in the United States and not for distribution to United States newswire services GGL Resources Corp. announces a non-brokered private placement offering of up to $1,800,000. The Offering will consist of the sale of up to 10,000,000 common shares at a price of $0.18 per share. Insiders may participate in the private placement and finders' fees or brokers' commissions may be paid in [...]
GGL Resources Corp. has commenced field work at its 100% owned, road accessible McConnell project located in north-central British Columbia. GGL has also commenced field activities at its past-producing Gold Point gold project in the prolific Walker Lane gold-silver trend, southwestern Nevada. In anticipation of the McConnell work program, the Company has increased the size of the claim block by adding a further 1,151 [...]
GGL Resources Corp. announces that the Compensation Committee has recommended, with approval of the directors the granting of incentive stock options to directors, officers, employees and consultants, entitling them to purchase up to a total of 1,450,000 common shares at a price of $0.15 per share for a period of five years. The options will vest on a quarterly basis commencing three months from the date of grant. About [...]
GGL Resources Corp. is pleased to announce the acquisition of the Gold Point Project, southwestern Nevada, which hosts past producing gold-silver mines. The road accessible Gold Point Project consolidates three properties covering a combined area of approximately 4.5 sq km, with camp-scale exploration potential. The acquisition involves three option agreements that grant GGL the right to earn 100% interests in two of the [...]
GGL Resources Corp. announces that it has closed the non-brokered private placement announced on July 16, 2020. The private placement consisted of the sale of the following securities: 1,666,666 units at a price of $0.09 per unit, for aggregate subscription proceeds of $150,000; and 1,363,636 flow-through units at a price of $0.11 per flow-through unit, for aggregate subscription proceeds of $150,000. Each unit consisted [...]
GGL Resources Corp. announces a non-brokered private placement offering of up to $300,000. The Offering will consist of the sale of non-flow-through units at a price of $0.09 per unit and flow-through units at a price of $0.11 per flow-through unit. Each non-flow-through unit will consist of one non-flow-through common share and one-half of a non-transferable share purchase warrant, and each flow-through unit will consist [...]
GGL Resources Corp. is pleased to announce that it has received a Notice of Work Permit from the BC Ministry of Energy, Mines & Petroleum Resources for exploration work on its 100% owned, road accessible McConnell property located in north-central BC. The Company plans to conduct ground geophysical surveys in August, including induced polarization and magnetics, with follow up reverse circulation or core drilling. The [...]
GGL Resources Corp. announces it has closed the $100,000 private placement with its major shareholder, Strategic Metals Ltd., as announced on May 13, 2020. The private placement consisted of the sale of 2,000,000 common shares at a price of $0.05 per share, all of which shares are subject to a hold period expiring on September 16, 2020. The proceeds from this private placement will be used for working capital purposes [...]
GGL Resources Corp. announces it has negotiated a $100,000 private placement with its major shareholder, Strategic Metals Ltd. , to consist of the sale of 2,000,000 common shares at a price of $0.05 per share. Strategic currently holds 11,562,500 common shares of GGL, representing 42.37% of the 27,286,722 common shares of GGL currently issued and outstanding. Following the closing of the private placement, Strategic will [...]
GGL Resources Corp. is pleased to announce that it has received heavy mineral sampling results from its 100% owned ZIP diamond property located 70 kilometers west of the Ekati Diamond mine, Lac de Gras District, Northwest Territories, Canada. The heavy mineral sampling results consisting of 123 till and esker samples are from the collaborative field work conducted between GGL, researchers from Simon Fraser University [...]
GGL Resources Corp. announces the resignation of Director Nick DeMare. Mr. DeMare has been a longstanding director of the Company. The Board would like to thank Mr. DeMare for his many years of dedicated service to the Company. About GGL Resources Corp. GGL is a seasoned Canadian-based junior exploration company focused on diamond exploration in Canada's north with its priority, drill ready Stein project in Nunavut which [...]
W. Douglas Eaton , Chief Executive Officer of GGL Resources Corp. announces that the Company has issued 502,273 common shares in its capital stock to Dave Kelsch Consulting Ltd. in exchange for $38,062.50 in services rendered by DKCL to the Company for the six months ended November 30, 2019. The shares carry a hold period of four months, until May 4, 2020. As previously announced , the Company entered into a shares for [...]