GFG Resources Inc. Plans C$4 Million for Growth and Exploration

GFG Resources Inc. Announces Strategic Private Placement
GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) has exciting news about its future growth and exploration plans. The company is launching a private placement that aims to raise C$4.0 million through the issuance of premium flow-through units and shares. This initiative is designed to bolster GFG’s financial foundation and underpin its ongoing projects.
Details of the Offering
The upcoming Offering includes a maximum of 13,489,209 Premium Units priced at C$0.2224 each, along with up to 5,405,405 flow-through shares, or FT Shares, available at C$0.185 each. Together, these financial instruments will allow GFG to attract significant investment while also granting investors a unique opportunity to participate in the company’s growth.
Investment Breakdown and Warrant Features
Each Premium Unit will incorporate a common share and half of a share purchase warrant. Each whole warrant will enable the investor to acquire an additional common share at a price of C$0.24 for 24 months following the issuance date. This structure not only incentivizes current investment but also sets the stage for future growth as GFG continues to explore and develop its assets.
Timing and Regulatory Approvals
The Offering is expected to close around November 3, 2025, though it is contingent on receiving necessary approvals, notably from the TSX Venture Exchange. GFG may also pay finder's fees up to 6% of the proceeds, adhering to the regulations established by securities laws.
Exemptions and Accessibility
According to the National Instrument 45-106, the FT Shares and Premium Units will be marketed primarily to investors in Canada under the Listed Issuer Financing Exemption, meaning there won’t be any hold period for new shares, affording immediate liquidity for investors.
Involvement of Insider Participation
While the company anticipates that some insiders will partake in the Offering, measures aligned with Multilateral Instrument 61-101 will ensure that this doesn't hinder outside investors. The participation will be managed carefully to protect overall shareholder interests and align with regulatory standards.
About GFG Resources Inc.
GFG Resources Inc. is a North American precious metals exploration firm focused on district-scale gold projects in highly regarded mining jurisdictions. GFG operates three prominent gold projects, each strategically positioned within the prolific Timmins gold district of Ontario, Canada. This region has a longstanding history of gold production, significantly raising GFG’s potential for successful exploration.
Connecting with the Company
For more information about GFG, interested investors or parties can contact the company directly. Brian Skanderbeg, President & CEO, and Marc Lepage, Vice President of Business Development, are available for inquiries. They can be reached by phone or via email. Further details can also be found on GFG’s official website and social media platforms, including Twitter and LinkedIn.
Frequently Asked Questions
What is the purpose of GFG’s private placement?
The private placement aims to raise funds that will support GFG's ongoing gold exploration projects and enhance its operational capacity.
How will the investment structure benefit investors?
Investors will have the opportunity to acquire common shares and warrants, which can increase their potential returns through future company growth.
When is the expected closing date for the Offering?
The Offering is anticipated to close around November 3, 2025, contingent upon requisite approvals.
Who are the key contacts for more information on GFG?
The key contacts are Brian Skanderbeg, the President & CEO, and Marc Lepage, the Vice President of Business Development.
What geographical areas does GFG cover with its projects?
GFG's gold projects are situated in the Timmins gold district of Ontario, which is recognized for its extensive gold production history.
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