GFG.V · 2025-03-06 12:00:00

GFG Signs Exploration Agreement with Apitipi Anicinapek Nation

Partnerships & JV

Media Release

TSX.V: GFG | OTCQB: GFGSF

March 6, 2025, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG”

or the “ Company”) is pleased to announce that it has entered into an Exploration Agreement (“ EA”) with Apitipi

Anicinapek Nation (“AAN”) with respect to the Company’s Goldarm Property (“Goldarm” or the “ Project”) located in

the world-class Timmins Gold District of Ontario, Canada . The EA sets the stage for continuous consultation with AAN,

providing the community with the chance to engage in the P roject through employment, training, and business growth

opportunities. As outlined in the EA, GFG will allocate contributions to a community fund based on its exploration expenses

in AAN territory. Furthermore, within 10 business days of TSXV approval, the Company will issue $2 0,000 in GFG

common shares to AAN. GFG will calculate the number of shares based on the average closing price of the shar es for the

five days preceding this announcement , or such alternative pricing as may be approved by the TSXV . The EA remains

subject to the approval of the TSXV.

Chris Sackaney, Director of Lands and Resources for Apitipi Anicinapek Nation, stated, “This agreement reflects our

Nation’s commitment to ensuring that resource development within our territory is done responsibly and with our direct

involvement and consent. By working with GFG, we aim to protect our lands and waters while also creating opportunities

for our community members. We look forward to building a relationship based on mutual respect, transparency, and long-

term benefits for our Nation.”

Brian Skanderbeg, CEO and President of GFG stated, “We are grateful for the opportunity to collaborate with AAN

and jointly establish a framework that places emphasis on environmental stewardship, cultural respect, and community

empowerment. This partnership highlights GFG's commitment to responsible resource exploration and promoting

sustainable development. By incorporating the values and perspectives of AAN into our exploration activities, our goal is

to generate shared benefits and an enduring relationship founded on trust and mutual respect.”

About Apitipi Anicinapek Nation

Apitipi Anicinapek Nation is a proud and resilient First Nation that is a signatory of Treaty #9. The Nation’s Sacred

Traditional Territory comprises the lands and waters that straddle a large segment of what is now Northeastern Ontario and

Northwest Quebec. Rooted in Anicinapek traditions, AAN is dedicated to protecting its lands, waters, and cultural heritage

while fostering sustainable economic development. The Nation actively engages with industry partners to ensure that

projects within its territory align with its values and provide meaningful opportunities for community members.

About GFG Resources Inc.

GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining

jurisdictions. The Company operates three gold projects, each hosting large and highly prospective gold properties within

the prolific gold district of Timmins, Ontario, Canada. The projects have similar geological settings that host most of the

gold deposits found in the Timmins Gold Camp which have produced over 70 million ounces of gold.

For further information, please contact:

Brian Skanderbeg, President & CEO

Marc Lepage, Vice President, Business Development

Phone: (306) 931-0930

Website: www.gfgresources.com

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