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GFG Closes Oversubscribed Financing
GlobeNewswire·2025-05-02 19:42

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, May 02, 2025 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) for gross proceeds of C$3,000,000. In connection with the Offering, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) purchased securities and will hold a 10.8% interest in the Company. Brian Skanderbeg, President and CEO of GFG commented, “This successf ...