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GFG Issues Shares to IEP Pursuant to Montclerg Gold Project Option Agreement

SASKATOON, Saskatchewan, Oct. 21, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has made the first of two anniversary payments pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the Montclerg Gold Project, located 40 kilometres east of Timmins, Ontario (see news release: “GFG Expands Presence in Timmins - Acquires the Montclerg Gold Project East of the Prolific Timmins Gold District”).

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