Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

GGX.V ·

GGX Gold Closes Financing

Financings

GGX Gold Closes Financing

Vancouver, British Columbia – March 15, 2021 – GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA:

3SR2) (the “Company” or “GGX”) is pleased to announce that it has closed its previously announced non-

brokered private placement of March 9, 2021 by issuing 2,050,581 shares at a price of $0.1463 per unit for gross

proceeds of $300,000. The units of the financing will comprise of one common share and a full share purchase

warrant, which may be exercised for a period of three years at a price of $0.2438 per share. The proceeds of the

private placement wil l be used for general working capital and continued exploration work at the Company’s

Gold Drop property near Greenwood in Southern British Columbia.

The Company announces July 16, 2021 as the hold expiry date for this final tranche.

The closing of the private placement financing is subject to final TSX-V approval.

On Behalf of the Board of Directors

Barry Brown, CEO

604-488-3900

[email protected]

Investor Relations: [email protected]

Forward Looking Statement

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 uncertainties. 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 cu rrent 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 materi al adverse

manner; financing will be available if and when needed on reasonable terms; the Company 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. F orward-looking statements are not guarantees of future performance and involve risks, uncertainties 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

regulations may become more onerous; that the Company may not be able to raise additional funds when necessary;

fluctuations in currency exchange rates; fluctuatin g 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 ot hers, 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 assur ance that forward-looking information, or

the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The

Company does not undertake any obligations to release publicly any revisions for updating any vol untary 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

March 15, 2021 TSX.V : GGX

FRA : 3SR2

OTCQB : GGXXF