Mr. Quinn Field reports
GGX GOLD CORP
ANNOUNCES FINANCING
GGX Gold Corp. has arranged a non-brokered hard-dollar private placement of two million units at a price of five cents per unit for gross proceeds of $100,000. The units of the financing will comprise one common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share at the price of seven cents for 60 months after closing. The net proceeds from the offering will be used for general working capital.
Finders' fees may be paid to eligible finders in accordance to the TSX Venture Exchange policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX-V.
Directors, officers or other insiders of the company may participate in the foregoing offerings.
We seek Safe Harbor.
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