Ggl Resources Stock Price, News & Analysis

GGL Resources (OTC:GGLXF) closed the second and final tranche of a non-brokered private placement on October 9, 2025, raising total proceeds of $75,000. The final tranche sold 1,500,000 units at $0.05 per unit; each unit includes one common share and one warrant exercisable at $0.10 until October 9, 2027. Shares issued and any shares from warrant exercises are subject to a Canadian hold period until February 10, 2026. Proceeds will fund exploration on GGL's U.S. and Canadian projects and general working purposes. An insider purchased 200,000 units, and the company relied on MI 61-101 exemptions for that related-party participation.

GGL Resources Corp. (TSXV:GGL) has received approval from the TSX Venture Exchange for a 30-day extension to close the second and final tranche of its private placement. The company aims to raise up to $150,000 through the sale of 3,000,000 units at $0.05 per unit.

Each unit includes one common share and one share purchase warrant, allowing holders to purchase an additional common share at $0.10 for two years from closing. The closing is expected by October 8, 2025.

GGL Resources Corp. (TSXV:GGL) has received approval from the TSX Venture Exchange for a 30-day extension to close the second and final tranche of its private placement. The company plans to raise up to $150,000 through the sale of 3,000,000 units at $0.05 per unit.

Each unit includes one common share and one share purchase warrant, with warrants exercisable at $0.10 per share for two years from closing. The closing is expected by September 8, 2025.

GGL Resources Corp. (TSX-V:GGL) has completed the initial tranche of its non-brokered private placement, raising $350,000 through the sale of 7 million units at $0.05 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.10 until July 24, 2027.

Company insiders participated by purchasing 980,000 units. The proceeds will fund exploration activities in the US and Canada, plus working capital needs. A second tranche may close by August 8, 2025. All securities are subject to a hold period until November 25, 2025.

GGL Resources Corp. (TSXV:GGL) has announced a private placement to raise up to $500,000 through the sale of up to 10 million units at $0.05 per unit. Each unit includes one common share and one warrant, with each warrant allowing the purchase of one common share at $0.10 for 24 months after closing.

The funds will be used for exploration activities on the company's U.S. and Canadian projects and working capital. The shares will have a 4-month plus one day hold period. Insiders may participate, and finders' fees may apply, subject to TSX Venture Exchange approval.

GGL Resources Corp. (TSXV:GGL) has announced the formation of a new technical committee to provide strategic guidance on geological, operational, and engineering aspects of its flagship Gold Point Project in Nevada and McConnell Copper-Gold Project in British Columbia.

The committee includes three industry veterans: Manuel Estrada, P.Eng., a mining executive with 14 years at Capstone Mining Corp; Richard Reid, B.Sc., a geologist with over 40 years of experience including roles at Newmont Goldcorp Corp; and Ronald Berdahl, B.Sc., a prospecting expert with 40+ years of experience in Yukon and Western United States.

The company has granted 600,000 incentive stock options to Technical Committee members at $0.08 per share for a five-year period, with 25% vesting quarterly during the first year.

GGL Resources Corp (TSXV:GGL) has announced significant leadership changes, with John Gilbert appointed as permanent CEO and Director, replacing interim CEO Matthew Turner, who will remain as a Director. Gilbert brings extensive geological expertise with a Master's in structural geology from the University of Vermont and experience leading exploration programs.

Gilbert's background includes roles as a geological and geophysical technician, working on projects across Alaska, Yukon, Nevada, California, and New York. He previously served as VP of Exploration and Corporate Development at Silver Range Resources and managed a private exploration company focused on gold projects in New Brunswick.

The company has granted Gilbert 500,000 incentive stock options at $0.06 per share, exercisable over five years, with a 25% quarterly vesting schedule during the first year.

GGL Resources Corp. (TSX-V:GGL) has provided an update on the Le Champ copper-molybdenum-gold porphyry target at the Gold Point Project, Nevada. Teck American Incorporated, which recently optioned the property, has completed a mapping program in October 2024 that confirmed porphyry-style veining and alteration domains.

The Bureau of Land Management has approved a Notice of Intent for road and drill pad construction, with a maiden drill program scheduled for early Q2 2025. Key findings include:

• High-density sheeted to stockwork EDM and B type vein densities
• Strong secondary biotite alteration
• Mineralized transitional igneous-hydrothermal breccias
• Age dating results of 167-159 Ma, consistent with nearby Yerington District deposits

Additionally, GGL maintains control of the high-grade gold vein-fault systems at Gold Point, which includes five former mines: Orleans, Great Western, Lime Point, Cook, and Grand Central, plus numerous smaller workings.