Vancouver, British Columbia (FSCwire) - GGX Gold Corp. (TSX.V: GGX) (OTCQB: GGXXF), (FRA; 3SR2) (the “Company” or “GGX”) is pleased to announce that is has arranged a non-brokered private placement of 4 million units at a price of $0.12 per unit for gross proceeds of $480,000. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of three years at a price of $0.15 per share. Directors, officers or other insiders of the Company may participate in the foregoing offerings, and such parties may sell securities of the Company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings.
A finder's fee may be paid to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX-V.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
