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GFG Resources Inc
Symbol GFG
Shares Issued 109,207,016
Close 2019-11-14 C$ 0.165
Recent Sedar Documents

GFG Resources 14,196,368-share private placement

2019-11-14 19:55 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 30, 2019.

Number of shares:  5,635,555 non-flow-through (NFT) shares, 3,368,546 flow-through (FT) shares and 5,192,267 charity FT shares

Purchase price:  18 cents per NFT share, 22 cents per FT share and 27.5 cents per charity FT share

Warrants:  5,413,910 share purchase warrants to purchase 5,413,910 shares

Warrant exercise price:  27 cents for a two-year period

Number of placees:  29 placees

Insiders:  Richard Johnson, 115,000 FT; Brian Skanderbeg, 363,637 FT

Total pro group involvement:  1,413,170 (two placees)

Finder's fee:  Redplug Inc., $25,080 cash

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