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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 – May 1 , 2023 – 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, and consultants, entitling them to purchase up to a total of

2,445,000 common shares at a price of $0.07 per share until April 27, 2028 (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 has optioned and wholly owned claims in the Gold P oint district of 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 gold -copper project located 22 kilometers

southeast of the Kemess Mine in north-central BC, and promising diamond exploration projects in Nunavut

and the Lac de Gras diamond district of the Northwest Territories. Lac d e Gras is home to Canada’s first

two diamond mines, the world class Diavik and 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

Doug Eaton

CEO 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]

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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.

Information contained in this news release contains forward -looking statements. These statements reflect

management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future

performance. Accordingly, actual and future events, conditions and results may differ materially from the

estimates, beliefs, intentions and expectations expressed or implied in the forward -looking information.

Except as required under applicable securities legislation, GGL undertakes no obl igation to publicly

update or revise forward-looking information.