18:54:12 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



GGL Resources Corp (3)
Symbol GGL
Shares Issued 79,857,475
Close 2024-01-04 C$ 0.08
Market Cap C$ 6,388,598
Recent Sedar Documents

GGL terminates McConnell sales deal with Westkam

2024-01-05 09:03 ET - News Release

Mr. David Kelsch reports

GGL ANNOUNCES TERMINATION OF SALES AGREEMENT WITH WESTKAM FOR THE MCCONNELL COPPER-GOLD PROPERTY, BC

GGL Resources Corp. has terminated the property sales agreement with Westkam Gold Corp. on GGL's 100-per-cent-owned McConnell copper-gold property located in north-central British Columbia as previously announced on July 24, 2023. Under the terms of the July 24, 2023, property sales agreement, Westkam would acquire a 100-per-cent interest in the McConnell property by issuing common shares to GGL equal to 19.99 per cent of the issued and outstanding common shares of Westkam upon completion of a concurrent financing. The agreement expired Dec. 31, 2023, with the terms having not been fulfilled.

GGL will continue to evaluate alternative strategies to advance the McConnell property and unlock its potential.

Technical information in this news release has been reviewed and approved by David Kelsch, PGeo, president of GGL Resources, a qualified person for the purposes of National Instrument 43-101.

About GGL Resources Corp.

GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of underevaluated mineral assets in politically stable, mining-friendly jurisdictions. The company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane trend, Nevada. The Gold Point claims cover several gold-silver veins, four of which host past-producing high-grade mines, and the recently discovered Le Champ copper-molybdenum porphyry target, located 3.5 kilometres west of the mines. GGL also holds diamond royalties on mineral leases near the Gahcho Kue diamond mine in the Northwest Territories.

We seek Safe Harbor.

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