G2 Goldfields Closing of Second and Final Tranche of Private Placement Financing

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TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV:GTWO; OTCQX:GUYGF) is pleased to announce that it has completed the second tranche and final tranche of the non-brokered private placement announced by the Company on June 22, 2022 and later upsized on June 29, 2022 (the “Offering”). The Company raised a total of $13,370,019.60 pursuant to the Offering. The first tranche of the Offering closed on July 15, 2022 and consisted of 19,733,401 common shares of the Company (the “Shares”) at a price of $0.60 per Share, for gross proceeds of $11,840,040.60. The second tranche consisted of 2,549,965 Shares at a price of $0.60 per Share, for gross proceeds of $1,529,979.

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