GGL Resources Corp. Announces Update Regarding Private Placement
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. (TSXV:GGL) ha ottenuto l'approvazione dalla TSX Venture Exchange per una proroga di 30 giorni per chiudere la seconda e ultima tranche del suo collocamento privato. La società prevede di raccogliere fino a $150,000 mediante la vendita di 3,000,000 unità a $0.05 ciascuna.
Ogni unità comprende una azione ordinaria e una warrant di acquisto, esercitabile a $0.10 per azione per due anni dalla chiusura. La chiusura è prevista entro il 8 settembre 2025.
GGL Resources Corp. (TSXV:GGL) ha recibido la aprobación de la TSX Venture Exchange para una prórroga de 30 días para cerrar la segunda y última tranche de su colocación privada. La compañía planea recaudar hasta $150,000 mediante la venta de 3,000,000 unidades a $0.05 por unidad.
Cada unidad incluye una acción ordinaria y un warrant de compra de acciones, ejercitable a $0.10 por acción durante dos años desde el cierre. El cierre se espera para el 8 de septiembre de 2025.
GGL Resources Corp. (TSXV:GGL)는 TSX 벤처 거래소로부터 사모 발행의 두 번째이자 마지막 트랜치 마감 기한을 30일 연장하는 승인을 받았습니다. 회사는 단위당 $0.05에 3,000,000 단위를 판매하여 최대 $150,000를 조달할 계획입니다.
각 유닛에는 보통주 1주와 주식매수권(워런트) 1매가 포함되며, 워런트는 마감일로부터 2년 동안 주당 $0.10에 행사할 수 있습니다. 마감은 2025년 9월 8일까지로 예상됩니다.
GGL Resources Corp. (TSXV:GGL) a obtenu l'approbation de la TSX Venture Exchange pour une prolongation de 30 jours afin de clôturer la deuxième et dernière tranche de son placement privé. La société prévoit de lever jusqu'à $150,000 par la vente de 3,000,000 unités à $0.05 l'unité.
Chaque unité comprend une action ordinaire et un bon de souscription (warrant), exerçable à $0.10 par action pendant deux ans à compter de la clôture. La clôture est attendue pour le 8 septembre 2025.
GGL Resources Corp. (TSXV:GGL) hat von der TSX Venture Exchange eine Genehmigung für eine 30-tägige Fristverlängerung erhalten, um die zweite und letzte Tranche ihrer Privatplatzierung abzuschließen. Das Unternehmen beabsichtigt, bis zu $150,000 durch den Verkauf von 3,000,000 Einheiten zu je $0.05 zu beschaffen.
Jede Einheit umfasst eine Stammaktie und eine Kaufoption (Warrant); die Warrants sind ab Abschluss für zwei Jahre zu $0.10 pro Aktie ausübbar. Der Abschluss wird bis zum 8. September 2025 erwartet.
- Secured 30-day extension from TSX Venture Exchange for private placement closing
- Potential to raise additional $150,000 in capital
- Dilutive effect of issuing up to 3,000,000 new shares plus warrants
- Need for extension might indicate challenges in completing the placement
VANCOUVER, BC / ACCESS Newswire / August 11, 2025 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the "Company") announces that it has applied for and been granted by the TSX Venture Exchange a thirty day extension for the closing of the second and final tranche of its private placement as initially announced on June 24, 2025.
The second tranche will consist of the sale of up to 3,000,000 units at a price of
GGL anticipates the closing of the second tranche will occur on or before September 8, 2025 - further information in this regard will be disseminated in due course.
About GGL Resources Corp.
GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of under-evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, as well as an exciting new porphyry target which is currently under option to Teck. The Company also owns the McConnell Project, which hosts mesothermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories.
ON BEHALF OF THE BOARD
"Matthew Turner"
Interim Chief Executive Officer and Director
For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at www.gglresourcescorp.com or contact:
Investor Inquiries
Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
rdrechsler@strategicmetalsltd.com
Corporate Information
Linda Knight
Corporate Secretary
Tel: (604) 688-0546
info@gglresourcescorp.com
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: GGL Resources Corp.
View the original press release on ACCESS Newswire
FAQ
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