22:36:21 EDT Tue 20 Oct 2026
Enter Symbol
or Name
USA
CA



GGL Resources Corp (4)
Symbol GGL
Shares Issued 26,089,369
Close 2026-10-20 C$ 0.155
Market Cap C$ 4,043,852
Recent Sedar+ Documents

GGL Resources, Strategic Metals option agreement

2026-10-20 20:46 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's-length two-staged property option agreement, dated July 20, 2026, for the acquisition of mineral properties from Strategic Metals Ltd.

Pursuant to the terms of the agreement, the vendor will grant a two-staged option to GGL to acquire up to a 100-per-cent interest in the Hopper (365 quartz mining claims), Kluane (245 quartz mining claims), Batt (52 quartz mining claims) and Moraine (102 quartz mining claims) mineral properties located in southwestern Yukon. To earn an initial 70-per-cent interest, GGL will issue one million postconsolidation shares to the vendor and incur $10-million in exploration expenditures by Dec. 31, 2029. GGL may acquire the remaining 30-per-cent interest by paying an additional $3-million in cash. Following the exercise of the second option, the vendor will retain a 2-per-cent net smelter return (NSR) royalty. GGL may, at any time prior to the commencement of commercial production from any of the properties, purchase 50 per cent of the strategic royalty (1-per-cent NSR) by paying the vendor $3-million. No finders' fees are payable.

For further details, please refer to GGL's news releases dated July 27, 2026, Sept. 1, 2026, and Oct. 20, 2026.

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