Fundz

GFG Resources Inc. has announced a best efforts financing for up to $7 million. The funds will be used for Canadian exploration expenses qualifying as flow-through mining expenditures.

PRIVATEOct 01, 2026

Amount Raised

C$7 Million

Round Type

Venture

SaskatoonOther

Investors

Paradigm Capital Inc.

Description

GFG Resources Inc. has entered into an agreement with Paradigm Capital Inc. for a private placement offering. The offering aims to raise up to C$7.0 million in gross proceeds

Company Information

Company

GFG Resources Inc

Location

202-640 Broadway Avenue

Saskatoon, Saskatchewan, Canada

About

GFG Resources is a North American precious metals exploration company headquartered in Saskatoon, Saskatchewan, Canada, whose shares trade on the TSX Venture Exchange (GFG) and on the OTCQB (GFGSF). The Company owns 100% of the Pen and Dore gold projects, two large and highly prospective gold properties west of the prolific gold district of Timmins, Ontario, Canada. The Pen and Dore gold projects have the same geological setting that hosts most of the gold deposits found in the Timmins Gold Camp which has produced over 70 million ounces of gold. The Company also owns 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces of gold.

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Related People

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Verified contactsRick J., Executive Officer, Director hidden hiddenSee plans and pricing
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