GGL Resources closes Gold Point option agreement

Mr. Matthew Turner reports GGL RESOURCES CORP. ANNOUNCES CLOSING OF EARN-IN AGREEMENT WITH NELSON RESOURCES LIMITED ON ITS GOLD POINT HIGH-GRADE GOLD-SILVER PROJECT, NEVADA GGL Resources Corp. has closed the option agreement with Australian Securities Exchange-listed Nelson Resources Ltd. (NES), which was previously announced on Dec. 11, 2025, and updated on March 16, 2026, by which NES can acquire up to a 90-per-cent interest in GGL's high-grade, gold-silver Gold Point project, located in the Walker Lane district, Nevada. Full details of the acquisition terms, the earn-in terms, the performance rights, finders' and disposition fees, and net smelter return royalties are fully disclosed in GGL's March 16, 2026, updated news release regarding its option agreement with NES. GGL obtained disinterested shareholder approval by way of written consents from its disinterested shareholders holding greater than 50 per cent of the total number of shares held by them. About GGL Resources Corp. GGL is a seasoned, Canadian-based junior exploration company, focused on the exploration and advancement of underevaluated mineral assets in politically stable, mining-friendly jurisdictions. The company owns the McConnell project, which hosts mesothermal gold veins and an underexplored porphyry copper-gold prospect in the Kemess district of north-central British Columbia. The company has optioned the vein portion of its 100-per-cent-owned and optioned claims in the Gold Point district of the prolific Walker Lane trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past-producing high-grade mines, as well as an exciting new Cu-Mo-Au (copper-molybdenum-gold) porphyry target. GGL also holds diamond royalties on mineral leases adjacent to the Gahcho Kue diamond mine and southwest of the Ekati diamond mine in the Northwest Territories. We seek Safe Harbor.