GFG Announces Private Placement Financing of up to C$3.3 Million

February 23, 2024

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

SASKATOON, Saskatchewan, Feb. 23, 2024 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$3.3 million (the “Offering”). As part of the Offering, the Company is pleased to announce that Alamos Gold Inc. (TSX:AGI; NYSE:AGI) has committed to purchase securities in the Offering to maintain their position at a 9.99% interest in the Company upon completion of the Offering.

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