G4G Resources Applies to the TSX Venture Exchange for Reinstatement to Trading, Notice to Transfer to NEX, Private Placement and Suitable Project
For Immediate Release: October 9, 2013
G4G RESOURCES APPLIES TO THE TSX VENTURE EXCHANGE FOR REINSTATEMENT TO TRADING, NOTICE TO TRANSFER TO NEX, PRIVATE PLACEMENT AND SUITABLE PROJECT
Vancouver, B.C., October 9, 2013 -- G4G Resources Ltd (TSX-V: GXG) (“G4G”) (the “Company”) is currently applying to the TSX Venture Exchange (the “Exchange) for reinstatement to trade the Company’s securities and an Exchange bulletin will be issued in due course when the Exchange has satisfactorily reviewed the Company for reinstatement to trading. The Exchange has advised that in conjuction with a reinstatement to trading that the Company would be placed on Notice to Transfer to NEX. As of May 8, 2013 a Cease Trade Order issued by the British Colombia Securities Commission was subsequently revoked on August 7, 2013.
The Company is currently in negotiations to complete a non-brokered private placement and acquire a suitable qualifying project to satisfy Continued Listing Requirements for a Tier 2 issuer to address the Notice to Transfer to NEX.
The private placement financing and suitable qualifying project may be subject to board and regulatory approvals, including the Exchange.
About G4G Resources
G4G Resources Ltd. is a Canadian-based mineral exploration and development company focused on a number of low cost iron ore projects and precious metal projects.
Forward-Looking Statement
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company’s 2006 Annual Report filed with SEDAR on April 30, 2007.
For more information contact:
Basil Botha, President and CEO G4G Resources Ltd.
Tel: 604-602-9868 Email: [email protected]
Should you wish to receive Company news via email, please email [email protected] and specify "G4G News" in the subject line.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.