On November 7, 2025, GFG Resources Inc. closed the transaction. The company announced that it has issued 8,550,128 flow-through common shares of the Company (each, a ?FT Share?) at a price of CAD 0.185 per FT Share for gross proceeds of CAD 1,581,773 in second and final tranche. The Company has raised aggregate gross proceeds of CAD 4,119,677 from both tranches of the Offering.
In aggregate of 786,667 FT Shares were purchased by directors and/or officers of company, in the second tranche closing. In connection with the close of the second tranche of the Offering, the Company paid cash finder's fees on portions of the Offering totalling CAD 25,529.42.
