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GGL.V ·

GGL Resources Corp. Announces the Granting of Incentive Stock Options

Share Capital & Compensation

GGL Resources Corp. Announces the Granting of Incentive Stock Options

Vancouver, BC – August 10, 2020 – GGL Resources Corp. (TSX.V – GGL) (“GGL” or the “Company”)

announces that the Compensation Committee has recommended, with approval of the directors the

granting of incentive stock options to directors, officers, employees and consultants, entitling them to

purchase up to a total of 1,450,000 common shares at a price of $0. 15 per share for a period of five years.

The options will vest on a quarterly basis commencing three months from the date of grant.

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 holds the McConnell copper-gold porphyry and shear hosted gold project located 22 kilometers

southeast of the Kemess Mine in north -central BC. In addition, the Company has recently acquired the

Gold Point project in the prolific Walker Lane Gold District, Nevada which is the consolidation of several

past producing high -grade gold mines. GGL also holds key diamond exploration projects in Canada’s

north in Nunavut as well as the Lac de Gras diamond district in the Northwest Territories. Lac de G ras is

home to Canada’s first two diamond mines, the world class Diavik and Ekati mines discovered in the

1990s. The Company also holds diamond royalties on mineral leases in close proximity to the Gahcho

Kué diamond mine in the Northwest Territories.

ON BEHALF OF THE BOARD

“David Kelsch”

David Kelsch

President, COO and Director

For further information concerning GGL Resources Corp. or its various exploration projects please visit

our website at www.gglresourcescorp.com or contact:

Investor Inquiries

Richard Drechsler

Corporate Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

Corporate Information

Linda Knight

Corporate Secretary

Tel: (604) 688-0546

[email protected]

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.

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.