GGL Provides Corporate Development Update

NEWS RELEASE February 27th 2017

GGL PROVIDES CORPORATE DEVELOPMENT UPDATE

Vancouver, British Columbia – February 2 7th 2017 – GGL Resources Corp. (TSXV: GGL): (the

"Company") Mr. Graham Eacott , Interim Chairman and CEO , announces that further to the Company’s

news release of January 21 st 2017 the Company is advancing its objective of completing a corporate

transaction to raise necessary financing and have in pl ace a technical and management team to advance the

exploration and development of the Company’s portfolio of exploration properties in the Northwest

Territories (“NWT”). In this regard the Company has further advanced its negotiations and prepared initia l

documentation, subject to completion of conditions precedent, with a private corporation, also in the

exploration and development stage with assets in the NWT, to complete a transaction to achieve the

Company’s objectives. Further information will be announced as this transaction advances.

On behalf of the Board,

“Graham Eacott”

Graham Eacott

Interim Chairman & 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.