News Image

GFG Closes Oversubscribed Private Placement Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

SASKATOON, Saskatchewan, Oct. 06, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed the oversubscribed, private placement financing (the “Offering”) (see news releases dated August 30, 2022 and October 5, 2022) for gross proceeds of C$2,051,743. As part of the Offering, GFG is pleased to announce that its strategic investor, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”), participated in the Offering on a pro-rata basis.

Read more at globenewswire.com