GFG Resources raises C$4.0 million through flow-through private placement

GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) announced a private placement offering to raise up to C$4.0 million through the issuance of premium flow-through units and flow-through shares. Alamos Gold Inc. (TSX: AGI; NYSE: AGI) committed to purchase securities in the offering to maintain its 10.8% interest in the company.

The offering consists of up to 13,489,209 premium units priced at C$0.2224 per unit and up to 5,405,405 flow-through shares at C$0.185 per share. Each premium unit includes one common share and half of one share purchase warrant, with each full warrant allowing the holder to purchase one additional common share at C$0.24 for 24 months from issuance.

The offering is scheduled to close on or about November 3, 2025, subject to conditions including TSX Venture Exchange approval. The company may pay finder's fees up to 6% of gross proceeds on a portion of the offering.

Securities will be offered under the Listed Issuer Financing Exemption pursuant to National Instrument 45-106, meaning shares issued will not be subject to a hold period under Canadian securities laws. Company insiders are expected to participate in the offering, which will be treated as a related party transaction under applicable regulations.

GFG Resources operates three gold projects in the Timmins gold district of Ontario, Canada. The company is based in Saskatoon, Saskatchewan, and focuses on precious metals exploration in North America.

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