Financings

GGX Gold closes $100,000 private placement

By The Northwire Desk — AI Analysis Oct 08, 2025 · 16:33 GGX · 0.065 GGX Gold Corp.

GGX · Price

GGX Gold Corp. closed its previously announced non‑brokered private placement, issuing 2 million units at $0.05 per unit for gross proceeds of $100,000.
Each unit consists of one common share and one warrant; the warrant allows purchase of an additional share at $0.07 for 60 months post‑closing.
Net proceeds will be used for general working capital; no finders’ fees were payable.

Units Issued: 2,000,000 units (each unit = 1 common share + 1 warrant).
Price per Unit: $0.05.
Gross Proceeds: $100,000.
Warrant Terms: One whole warrant per unit; each warrants the right to purchase one additional share at $0.07, exercisable for 60 months after closing.
Use of Proceeds: General working capital.
Closing Date: Previously announced private placement closed (date not specified in release).
Hold Expiry Date: February 8, 2026.
Finders’ Fees: None payable.
Regulatory Condition: Closing subject to final TSX Venture Exchange approval.

(No executive quotes were included in the release.)

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