Corporate Office – Canada Corporate Office – Mexico
Corporate Office – Canada Corporate Office – Mexico
Suite 711 675 West Hastings Street, Vancouver, BC Minera Delta S.A. de C.V.
V6B-1N2, Canada C. Juan Felipe Orozco #516
Tel: (604) 682-2950 Col. San Felipe 31240 Chihuahua, Chih.
Fax: (604) 685-3764 Tel and Fax: (011 52) 614 414 6226
Email: [email protected] Email: danielnosfriet [email protected]
TSX.V:GNG
www.goldengoliath.com
Vancouver, May 31, 2023, Golden Goliath Resources Ltd. (TSX.V GNG ) (US: GGTH-F)
(Frankfurt: GGZ)
The Company announces that effective Monday, June 5 , 2023 the common shares of Golden Goliath
Resources Ltd. will commence trading on the TSX Ven ture Exchange on a consolidated basis of 1 (one)
post-consolidation share for every 7 (seven) pre-co nsolidation shares (the “Consolidation”). The
Consolidation is subject to Exchange approval.
The Board of Directors believes that the Consolidat ion is necessary to better position the /Company fo r
future corporate development opportunities and fina ncing transactions. There will be no name change i n
conjunction with the Consolidation and the Company will continue to trade under the existing stock
symbol “GNG”.
The Company currently has 152,937,019 common shares outstanding and will have approximately
21,848,145 common shares outstanding after completi on of the Consolidation, subject to rounding and
the elimination of any fractional shares resulting from the Consolidation. The number of outstanding
stock options and warrants of the Company will simi larly be adjusted by the Consolidation ratio, and t he
exercise prices adjusted accordingly.
About Golden Goliath
Golden Goliath Resources Ltd. is a junior explorati on company listed on the TSX Venture Exchange
(symbol GNG). The Company is focused on exploring a nd developing the gold and silver potential of
properties in the Red Lake District of Ontario. The Company also holds a 100% interest in the San
Timoteo property, located in the Sierra Madre Occidental Mountains of northwestern Mexico, as well as
NSR royalties on several other nearby properties. T o find out more about Golden Goliath visit our
website at www.goldengoliath.com.
On behalf of the Board of Directors
Paul Sorbara, MSc, PGeo
CEO, Golden Goliath Resources Ltd.
Corporate Office – Canada Corporate Office – Mexico
Suite 711 675 West Hastings Street, Vancouver, BC Minera Delta S.A. de C.V.
V6B-1N2, Canada C. Juan Felipe Orozco #516
Tel: (604) 682-2950 Col. San Felipe 31240 Chihuahua, Chih.
Fax: (604) 685-3764 Tel and Fax: (011 52) 614 414 6226
Email: [email protected] Email: danielnosfriet [email protected]
FOR MORE INFORMATION CONTACT:
Golden Goliath Resources Ltd.
J. Paul Sorbara, M.Sc., P.Geo
President & CEO
Phone: +1(604) 682-2950 Email: [email protected]
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.