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GFG.V ·

GFG Resources Inc. Grants Incentive Stock Options

Share Capital & Compensation

Media Release

Release: Immediate

GFG Resources Inc. Grants Incentive Stock Options

March 17 , 2017, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG )

(OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has granted, subject to certain

vesting requ irements, stock options to directors, officers and employees to purchase up to an

aggregate of 1,800,000 common shares, of the Company exercisable for a period of five years at a

price of C DN$1.09 per share . The issuance of stock option s represents 3.6 per cent of the

Company’s current issued and outstanding common shares.

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.

GFG Resources Inc. is a publicly traded precious metals exploration company headquartered in

Saskatoon, Saskatchewan, Canada, whose shares trade on the T SX Venture Exchange (GFG) and

on the OTCQB (GFGSF) . The Company controls 100% of the Rat tlesnake Hills Gold Project, a

district scale gold exploration project located approximately 100 kilometres southwest of Casper,

Wyoming, U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are

similar to other gold depos its of the Rocky Mountain alkaline province which, collectively, have

produced over 50 million ounces of gold.

For further information, please contact:

Brian Skanderbeg, President & CEO

Phone: (306) 931-0930

or

Marc Lepage, Vice President, Business Development

Phone: (306) 931-0930

Email: [email protected]

Website: www.gfgresources.com