GFG Announces C$4.0 Million Flow-Through Private Placement

Executive Summary

• GFG Resources Inc. announced a private placement to raise up to C$4.0 million through the issuance of premium flow‑through units and flow‑through shares.
• Alamos Gold Inc. has committed to purchase securities in the offering, maintaining its 10.8% ownership stake.
• The offering consists of up to 13,489,209 Premium Units at C$0.2224 each and up to 5,405,405 FT Shares at C$0.185 each, with closing expected around November 3, 2025.

Key Details

• Offering Size: Gross proceeds target of up to C$4.0 million.
• Units & Pricing:
• Up to 13,489,209 Premium Units at C$0.2224 per unit.
• Each Premium Unit = 1 common share + ½ share purchase warrant (full warrant gives right to buy one additional share at C$0.24 for 24 months).
• Flow‑Through Shares: Up to 5,405,405 FT Shares at C$0.185 per share.
• Investor Commitment: Alamos Gold Inc. will purchase securities to retain a 10.8% interest post‑offering.
• Closing Date: Expected on or about November 3, 2025, subject to approvals (including TSX Venture Exchange).
• Finder’s Fees: May be paid up to 6% of gross proceeds, in compliance with securities laws and exchange policies.
• Regulatory Exemptions: Offering relies on NI 45‑106 Listed Issuer Financing Exemption; no hold period for purchasers under Canadian law.
• Related Party Participation: Insiders may participate; transaction deemed a “related party transaction” but expected to be below the 25% market‑cap threshold, allowing reliance on MI 61‑101 exemptions.

Notable Quotes

(No executive quotes were provided in the release.)