Corporate Update
TSX.V : GGX
FRA : 3SR2
OTCQB : GGXXF
June 5, 2018
Corporate Update
Vancouver, British Columbia – June 5 , 2018 – GGX Gold Corp. (TSX.V: GGX)
(OTCQB: GGXXF), (FRA: 3SR2) (the “ Company” or “ GGX”) is pleased to
announce that is has closed the first and the second tranches of the private placement
announced on May 17 and 18 , 2018 for gross proceeds of $ 337,100 for the first tranche
and $58,500 for the second tranche. Each unit of the financing will comprise of one
common share at a price of $0.12 per share and a full share purchase warrant, which may
be exercised for a period of three years at a price of $0.15 per share. The Company
announces September 25, 2018 as the hold expiry date for the first tranche and October 5,
2018 for the second tranche of the private placement.
The proceeds of the private placement will be used for general working capital and
continued exploration work including diamond drilling and trenching at the Company’s
Gold Drop property near Greenwood in Southern British Columbia.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
Investor Relations:
Mr. Jack Singh: 604-488-3900 E-mail: [email protected]
“ We don’t have to do this, we get to do this ”
The Crew
Forward Looking Information
This News Release may contain forward -looking statements including but not limited to
comments regarding the acquisition of certain mineral claims. Forward -looking statements
address future events and conditions and therefore involve inherent risks and unc ertainties.
GGX Gold News Release
Actual results may differ materially from those currently anticipated in such statements and
GGX Gold undertakes no obligation to update such statements, except as required by law.
Forward-looking statements are based on the then -current expectations, beliefs,
assumptions, estimates and forecasts about the business and the industry and markets in
which the Company operates, including that: the current price of and demand for minerals
being targeted by the Company will be sustained or will improve; the Company will be able to
obtain required exploration licences and other permits; general business and economic
conditions will not change in a material adverse manner; financing will be available if and
when needed on reasonable terms; the Comp any will not experience any material accident;
and the Company will be able to identify and acquire additional mineral interests on
reasonable terms or at all. Forward -looking statements are not guarantees of future
performance and involve risks, uncertain ties and assumptions which are difficult to predict.
Investors are cautioned that all forward -looking statements involve risks and uncertainties,
including: that resource exploration and development is a speculative business; that
environmental laws and re gulations may become more onerous; that the Company may not
be able to raise additional funds when necessary; fluctuations in currency exchange rates;
fluctuating prices of commodities; operating hazards and risks; competition; potential inability
to find suitable acquisition opportunities and/or complete the same; and other risks and
uncertainties listed in the Company’s public filings. These risks, as well as others, could cause
actual results and events to vary significantly. Accordingly, readers should not place undue
reliance on forward -looking statements and information, which are qualified in their entirety
by this cautionary statement. There can be no assurance that forward -looking information, or
the material factors or assumptions used to develop s uch forward looking information, will
prove to be accurate. The Company does not undertake any obligations to release publicly any
revisions for updating any voluntary forward -looking statements, except as required by
applicable securities law.
Neither 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