GFG.V - GFG Resources Inc
| Previous Close | 0.2600 |
| Open | 0.2550 |
| Bid | 0.2500 x 0 |
| Ask | 0.2550 x 0 |
| Day's Range | 0.2500 - 0.2550 |
| 52 Week Range | 0.0700 - 0.4400 |
| Volume | 73,000 |
| Avg. Volume | 260,823 |
| Market Cap | 33.8M |
| Beta (5Y Monthly) | 2.23 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0080 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 0.70 |
- GlobeNewswire
GFG Announces Final Drill Results and Initiates Expanded 2020 Exploration Program at Pen Gold Project West of Timmins, ON
Key Points: Successful Phase 1 2020 drill program that included: • A new gold discovery at the Nib Prospect of 71.27 grams of gold per tonne over 8.5 metres (previously.
- GlobeNewswire
GFG Closes C$5.9 Million Oversubscribed Private Placement & Welcomes Alamos Gold as Strategic Investor
As previously disclosed, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”) has purchased securities under the Offering to obtain a 9.9% interest in the Company. Pursuant to the Offering, the Company issued (i) 15,818,420 common shares of the Company that will qualify as “flow-through shares” (“FT Shares”) for the purposes of the Income Tax Act (Canada) at a price of C$0.2907 per share for gross proceeds of C$4,598,415 and (ii) 6,880,045 non-flow-through common shares (“NFT Shares”) of the Company at a price of C$0.19 per share for gross proceeds of C$1,307,209.
- GlobeNewswire
GFG Announces Increase to Previously Announced Private Placement to Approximately C$6.0 Million
As previously disclosed, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”) has committed to purchase securities under the Offering to obtain a 9.9% interest in the Company upon completion of the Offering. The Offering will consist of any combination of common shares of the Company that will qualify as “flow-through shares” (“FT Shares”) for the purposes of the Income Tax Act (Canada) at a price of C$0.2907 per share and non-flow-through common shares (“NFT Shares”) of the Company at a price of C$0.19 per share, subject to maximum aggregate gross proceeds of C$6.0 million.
- GlobeNewswire
GFG Announces Non-Brokered Private Placement of up to C$5.0 Million with Alamos Gold as Strategic Investor
As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”) has committed to purchase securities under the Offering to obtain a 9.9% interest in the Company upon completion of the Offering. The Offering will consist of any combination of common shares of the Company that will qualify as “flow-through shares” (“FT Shares”) for the purposes of the Income Tax Act (Canada) at a price of C$0.291 per share and non-flow-through common shares (“NFT Shares”) of the Company at a price of C$0.19 per share, subject to maximum aggregate gross proceeds of C$5.0 million.
- GlobeNewswire
GFG Drills 71.27 Grams of Gold per Tonne Over 8.5 Metres at the Pen Gold Project West of Timmins, Ontario
Hole PEN-20-47 intersected 71.27 grams of gold per tonne (“g/t Au”) over 8.5 metres (“m”) including 511.00 g/t Au over 1.15 m at a vertical depth of approximately 50 m below surface (See Table 1 and Figures 1-4). During the first quarter of 2020, the Company completed seven holes (2,751 m) as part of its 2020 Phase 1 drill program.
- GlobeNewswire
GFG Provides Update on Rattlesnake Hills Gold Project Option Agreement with Newcrest
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) reports it has been advised by Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Limited (NCM.AX) (“Newcrest”) of its decision to withdraw from the option and earn-in agreement for the Rattlesnake Hills Gold Project (the “Project”) in Wyoming, United States. The Project remains 100% owned and controlled by GFG.
- CNW Group
IIROC Trading Halt - GFG
VANCOUVER , April 3, 2020 /CNW/ - The following issues have been halted by IIROC: Company: GFG Resources Inc. TSX-Venture Symbol: GFG (All Issues) Reason: At the Request of the Company Pending News Halt ...
- Simply Wall St.
The President of GFG Resources Inc (CVE:GFG), Brian Skanderbeg, Just Bought 12% More Shares
Whilst it may not be a huge deal, we thought it was good to see that the GFG Resources Inc (CVE:GFG) President, Brian...
- GlobeNewswire
GFG and Newcrest Extend Option Period on the Rattlesnake Hills Gold Project
The extension will allow Newcrest additional time to consider exercising its option to enter into the earn-in phase of the Agreement. The earn-in phase consists of three stages whereby Newcrest can earn up to 75% of the Project over an eight-year period. See news release dated September 8, 2018 “GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project” for complete details of the Agreement.
- GlobeNewswire
GFG Provides Exploration Update and Initiates 2020 Drill Program at Pen Gold Project West of Timmins, ON
Highlights: Phase 1 2020 Drill program has commenced and is focussed on testing the HGM, Nib, Broadway and Slate Rock targets with approximately 3,500 metres;Hole PEN-19-40.
- Simply Wall St.
Have Insiders Been Buying GFG Resources Inc (CVE:GFG) Shares This Year?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
- GlobeNewswire
GFG Announces Drill Results from the Rattlesnake Hills Gold Project in Wyoming, US
The drill program, consisting of 3,900 metres of core drilling in three holes, tested multiple gold targets proximal to the North Stock deposit (See Table 1 and Figures 1 and 2). This initial test of the North Deep and South Deep targets outlined encouraging and widespread alteration, brecciation, sulphidation and multiple porphyry bodies; however, results from this test returned relatively low gold grades.
- GlobeNewswire
GFG Returns Multiple Zones of High-Grade Gold Mineralization at the HGM Target, Pen Gold Project West of Timmins, ON
Highlights: Hole PEN-19-39 intersected stacked mineralized lenses at the HGM target highlighted by 7.53 g/t Au over 2.2 metres (including 31.80 g/t Au over 0.5 metres).
- GlobeNewswire
GFG Identifies New Gold Target with up to 7 g/t Gold and Expands Slate Rock Target at the Pen Gold Project West of Timmins, ON
The Project is located 40 kilometres west of the prolific Timmins Gold District and is part of a consolidated, underexplored land package of approximately 680 square kilometres that includes the Dore Gold Project. Over the next five months, the Company plans to drill approximately 6,500 metres at the Pen Gold Project.
- GlobeNewswire
GFG Begins 6,500 Metre Drill Program at its Pen Gold Project West of Timmins, Ontario
Over the next six months, the Company plans to drill approximately 6,500 metres of which approximately 2,500 metres will be completed before year-end 2019 and the remaining 4,000 metres planned to be completed by the end of the first quarter of 2020.
- GlobeNewswire
GFG and Newcrest Complete Drill Program at Rattlesnake Hills Gold Project, Wyoming
The drill program, consisting of 3,900 metres of core drilling in three holes, tested moderate to deep gold targets proximal to the North Stock deposit (see Figures 1 and 2). At this early stage, the drill program was a success as all three holes hit their intended targets and intersected favourable geological and structural settings.
- Newsfile
GFG Resources Inc. Joins The Stock Day Podcast to Discuss Their Upcoming Projects
Phoenix, Arizona--(Newsfile Corp. - October 30, 2019) - The Stock Day Podcast welcomed GFG Resources Inc. (OTCQB: GFGSF) ("the Company"), a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. President and CEO of the Company, Brian Skanderbeg, joined Stock Day host Everett Jolly. Jolly began the interview by noting that the Company recently raised approximately $3.2 million. "How hard is it for ...
- GlobeNewswire
GFG Closes Second Tranche of Private Placement
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces that it has closed the second and final tranche of the previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$117,280. The total gross proceeds raised in the Offering was C$3,183,353.
- GlobeNewswire
GFG Closes First Tranche of Private Placement
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces that it has closed the first tranche of the previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$3,066,073 million. “We are grateful for the support and confidence from our existing and new shareholders in our unwavering and disciplined pursuit to deliver shareholder value through discovery”, stated Brian Skanderbeg, President and CEO of GFG.
- GlobeNewswire
GFG Announces Non-Brokered Private Placement Financing of up to C$3.7 Million
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces a non-brokered private placement to raise gross proceeds of up to C$3.7 million (the “Offering”). Each Unit shall consist of one common share of the Company (which shall not be a “flow-through share”) and one-half of one share purchase warrant, with each whole share purchase warrant (a “Warrant”) entitling the holder thereof to acquire one additional common share of the Company (which shall not be a “flow-through share”) at an exercise price of C$0.27 for a period of 24 months from the date of issuance.
- GlobeNewswire
GFG Announces Changes To Its Board of Directors
GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) announces the appointment of Mr. Brian Booth to the Board of Directors (the “Board”). Concurrently, Mr. Jonathan Awde has resigned from the Board to focus his efforts on other professional duties and business ventures. Mr. Patrick Downey, Chair of the Board, commented, “We thank Jon for his many contributions and strategic guidance in building GFG’s team and portfolio of assets and wish him the very best in his future endeavors.
- Simply Wall St.
Does GFG Resources (CVE:GFG) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
- GlobeNewswire
GFG and Newcrest Begin Drilling at Rattlesnake Hills Gold Project, Wyoming
GFG is the operator of the program and will receive a 10% management fee on the total expenditures. SASKATOON, Saskatchewan, July 09, 2019 (GLOBE NEWSWIRE) -- GFG Resources Inc. (GFG.V) (GFGSF) (“GFG” or the “Company”) has started its 2019 drilling program at its Rattlesnake Hills Gold Project in Wyoming, United States. The program will consist of approximately 5,000 to 6,000 metres of core drilling and is fully-funded by GFG’s partner, Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM) (“Newcrest”), through its option and earn-in agreement (see news release dated September 11, 2018: GFG Signs Option and Earn-In Agreement with Newcrest to Advance the Rattlesnake Hills Gold Project).
