GGL Resources Corp. Announces Shares FOR Services Agreement
GGL RESOURCES CORP. ANNOUNCES SHARES FOR SERVICES AGREEMENT
Vancouver, BC – June 5, 2019 – GGL Resources Corp. (TSX-V: GGL) (“GGL” or the “Company“)
announces that it has entered into a “sh ares for services agreement” with Dave Kelsch Consulting Ltd.
(“Kelsch Consulting”), a private company owned by David Kelsch, GGL’s President, Chief Operating
Officer and a Director, pursuant to the provisions of TSX Ventu re Exchange (the “Exchange”) Policy 4.3.
Pursuant to the agreement, Kelsch Consulting, which provides geological and other consulting services to
GGL, will receive a minimum of 30% of its monthly consulting fee in cash, with the remaining amount to
be satisfied by the issuance of GGL common shares, which shares will be issued at a deemed price per
share equal to the volume weighted average price of GGL’s share s as traded on the Exchange calculated
at the end of each month in which the services are provided min us 50% of the discount permitted under
applicable Exchange policies. The shares will be issued semi-a nnually and will be subject to a four
month and one day hold period commencing upon the date of issua nce. This agreement is subject to
Exchange acceptance.
About GGL Resources Corp.
GGL is a Canadian-based junior exploration company focused on d iamond exploration in Canada’s north
with key projects in Nunavut as well as the Lac de Gras diamond district in the Northwest Territories. Lac
de Gras is home to Canada’s first two diamond mines, the world class Diavik and Ekati mines discovered
in the 1990’s. In addition to GGL’s key focus of diamond explor ation, it holds diamond Royalties on
mineral leases in close proximity to the Gahcho Kué diamond min e in the Northwest Territories. The
Company also holds in portfolio several encouraging base metal and gold projects in British Columbia
and the Northwest Territories.
ON BEHALF OF THE BOARD
“W. Douglas Eaton”
W. Douglas Eaton
Chief Executive Officer and Director
For further information concerning GGL Resources Corp. or its v arious exploration projects please visit
our website at www.gglresourcescorp.com or contact:
Corporate Information
Linda Knight
Corporate Secretary
Tel: (604) 688-0546
Investor Inquiries
Richard Drechsler
Corporate Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
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Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibilit y for the adequacy or ac curacy 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 in accurate as a result of exploration and other risk factors
beyond its control, and actual results may differ materially from the expected results.