GGX GOLD CORP - GGXXF STOCK NEWS

GGX Gold Corp. has successfully closed its non-brokered private placement, raising a total of $110,000 by issuing 1,375,000 flow-through units at $0.08 per unit. Each unit consists of one common share and a warrant for an additional share at $0.10 for 24 months. The funds will support ongoing exploration activities at the Gold Drop Property in British Columbia. All securities issued will be subject to a hold period expiring on April 29, 2023, with no commissions paid on the financing.

This completion marks the end of the targeted amount raised in this financing.

GGX Gold Corp. has updated investors on its Gold Drop property in British Columbia, responding to rising interest in tellurium. This 100% owned property, located in the historic Greenwood mining camp, has previously yielded significant gold, silver, and copper. A review of past assays indicates high tellurium concentrations, with values reaching 994 ppm in drill samples. The company plans to conduct resampling to quantify these findings, aiming to capitalize on the increasing demand for tellurium, especially in solar panel manufacturing and battery technology, amid a projected supply shortage.

GGX Gold Corp. has initiated a review of targets at its Gold Drop property in British Columbia, focusing on tellurium-enriched gold veins to capitalize on the growing demand for Critical Minerals. Tellurium, listed among Canada’s critical minerals, is gaining attention due to its applications in solar power. Analytical results show high tellurium concentration aligns with gold veins, notably in the COD, Perky, and Ken veins. A comprehensive review and re-sampling plan is underway for quantifying tellurium concentrations, with detailed surface evaluations scheduled for 2023.

GGX Gold Corp. has successfully closed the first tranche of a non-brokered private placement, issuing 1,375,000 flow-through units at $0.08 per unit, generating $110,000 in gross proceeds. Each unit includes one common share and a share purchase warrant with an exercise price of $0.10, valid for 24 months. Proceeds will support ongoing exploration of the Gold Drop Property in British Columbia. The offering awaits final approval from TSX-V.

GGX Gold Corp. has announced a non-brokered private placement of up to 2 million flow-through shares priced at $0.08 each, aiming for gross proceeds of $160,000. The proceeds will be directed towards exploration work on the Gold Drop Property in British Columbia's Greenwood mining camp. Each share will come with a warrant, allowing purchase of an additional share at $0.10 within 24 months. Participation is open to directors and insiders, pending TSX-V approval.

GGX Gold Corp. has successfully closed a non-brokered private placement, issuing 2,012,333 units at $0.15 each, raising $301,850. Each unit comprises one common share and one warrant, allowing the purchase of an additional share at $0.20 for 18 months. Funds will be allocated towards exploration of the Gold Drop Property in British Columbia. The offering is subject to final TSX-V approval, and securities have a hold period expiring on September 14, 2022. A cash commission of $14,715 was paid.

GGX Gold Corp is initiating a non-brokered private placement of up to 5 million flow-through shares priced at $0.15 each, aiming for gross proceeds of $750,000. The funds will support ongoing exploration on the Gold Drop Property located in British Columbia's Greenwood mining camp. Each share will come with a warrant allowing the purchase of an additional share at $0.20 within 18 months post-closing. Participation from insiders is expected, with securities subject to a four-month hold period pending TSX-V approval.

GGX Gold Corp. has announced plans for a 2022 exploration program at its Gold Drop property in British Columbia, with drilling set to commence in April. The program aims to drill up to 2,000 meters, focusing on historical sites like the North Star and Gold Drop mines. Past production included 840 ounces of gold from 6,513 tonnes. The drilling will also target the Dentonia vein, projected to extend onto GGX's property. Historical results indicate varying gold grades, with some samples showing up to 297 grams per tonne.

GGX Gold Corp. has appointed Quinn Field-Dyte as interim President, succeeding Barry Brown who retains his role as CEO. Field-Dyte brings over 20 years of experience in financial services, having facilitated financings exceeding hundreds of millions of dollars. He aims to enhance the Gold Drop property and explore additional precious metal assets. The upcoming drilling program is anticipated to commence in the next couple of months, with a focus on maximizing shareholder value.