GGL Resources Corp. Announces Private Placement
GGL RESOURCES CORP. ANNOUNCES PRIVATE PLACEMENT
NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
VANCOUVER, BC / ACCESSWIRE / April 21, 2022 / GGL Resources Corp. (TSX-V: GGL) (“GGL”
or the “Company”) announces a non-brokered private placement offering (the “Offering”) to consist of
the sale of the following securities:
(a) up to 3,000,000 flow-through common shares at a price of $0.1 6 per share, to raise gross
proceeds of up to $480,000; and
(b) up to 12,000,000 common shares at a price of $0.13 per share, to raise gross proceeds of
up to $1,560,000.
Insiders may participate in the private placement and finders’ fees or brokers’ commissions may be paid
in accordance with TSX Venture Exchange policies.
All securities issued as part of the Offering will be subject to a hold period in Canada of four months plus
one day from closing. The proceeds from the Offering , which is subject to TSX Venture Exchange
acceptance, will be used for exploration and development activities on th e Company’s Nevada based
Gold Point Project as described in its March 15, 2022 news release, exploration work at its 100% owned
McConnell Copper -Gold Project in British Columbia as announced March 17, 2022 , and for ge neral
working capital purposes.
About GGL Resources Corp.
GGL is a seasoned, Canadian -based junior exploration company, focused on the exploration and
advancement of under evaluated mineral assets in politically stable, mining friendly jurisdictions. The
Company has optioned and wholly owned claims in the Gold P oint district o f the prolific Walker Lane
Trend, Nevada. The Gold Point claims cover several gold-silver veins, four of which host past producing
high-grade mines. The Company also owns the McConnell copper-gold project located 22 kilometers
southeast of the Kemess Mine in north -central B ritish Columbia , and promising diamond exploration
projects in Nunavut and the Lac de Gra s diamond district of the Northwest Territories. Lac de Gras is
home to Canada’s first two diamond mines, the world class Diavik an d Ekati mines discovered in the
1990s. GGL also holds diamond royalties on mineral leases near the Gahcho Kué diamond mine in the
Northwest Territories.
ON BEHALF OF THE BOARD
“W. Douglas Eaton”
W. Douglas Eaton
2
CEO and Director
For further information concerning GGL Resources Corp. or its various exploration projects please visit
GGL’s website at www.gglresourcescorp.com or contact:
Investor Inquiries
Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
Corporate Information
Linda Knight
Corporate Secretary
Tel: (604) 688-0546
The securities referred to in this news release have not been, nor wi ll they be, registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons unless registered under the U.S. Securitie s Act and applicable state
securities laws or an exemption from such registration is available. This news release does not constitute an offer of
securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United
States must be made by means of a prospectus containing detailed information about the company and management,
as well as financial statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined i n
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release may contain forward looking statements based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors
beyond its control, and actual results may differ materially from the expected results.
SOURCE: GGL Resources Corp.