GGL Announces a Private Placement of Units

NEWS RELEASE JULY 22, 2015

GGL ANNOUNCES A PRIVATE PLACEMENT OF UNITS

Vancouver, British Columbia – July 22, 2015 – GGL Resources Corp. (TSXV: GGL): (the "Company") Mr. Ray Hrkac, President and CEO, announces that the Company will undertake a non-brokered private placement financing of up to 20.5 million units, at a price of $0.02 per unit, to raise gross proceeds of up to $410,000. Each unit comprises one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share for a term of three years from the closing date at a price of $0.05 per share. Insiders will be participating in this financing. All securities issued will be subject to a four month hold from date of closing.

The financing is subject to the approval of the TSX Venture Exchange; however, in regards to the pricing of this financing at $0.02, the Company has had its filings accepted by the TSX Venture Exchange.

Proceeds of the financing will be used for will be used to maintain the Company’s existing activities and will not be used to fund the purchase or pursuit of new business operations and activities, or pay management fees. In particular, it is anticipated that the aggregate gross proceeds of the Private Placement will be used as follows:

• costs involved in conducting the Private Placement, including legal fees and $ 8,500 filing fees
• annual property tenure holding costs 93,000
• annual corporate holding costs including sustaining fees, transfer agent fees, 125,000 quarterly and annual reporting, annual general meeting, annual audit, annual accounting costs and all other such costs
• costs to complete an exploration program approved under the NWT Mineral 99,590 Incentive program
• working capital 83,910

TOTAL $410,000

On behalf of the Board,

“Raymond A. Hrkac”

Raymond A. Hrkac President & CEO

For further information, please phone: (604) 688-0546 Email: [email protected]. For more information, please check our web site at www.gglresourcescorp.com.

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.

#906-675 West Hastings Street, Vancouver, BC, Canada V6B 1N2 T 604.688.0546 | F 604.608-9887 | Toll Free 1.866.688.0546 | [email protected] | gglresourcescorp.com