GFG Resources Inc. has closed its private placement financing for gross proceeds of C$2,505,866. In connection with the Offering,
Alamos Gold Inc. purchased securities to maintain their 9.9% interest in the Company. Pursuant to the Offering, GFG issued 9,278,635 units of the Company at a price of C$0.085 per Unit for gross proceeds of C$788,684; 9,697,000 "flow-through" units at a price of C$0.10 per FT Unit for gross proceeds of C$969,700; and 6,147,059 premium units of the Company at a price of C$0.1216 per Premium Unit for gross proceeds of C$747,482. Each Unit shall consist of one common share of the Company and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder thereof to acquire one additional common share of...