GGL Resources (TSE:GGL) has released an update.
GGL Resources Corp. has successfully completed a non-brokered private placement, raising $300,000 through the sale of 6 million shares, which will fund their exploration at the Gold Point Project in Nevada and for general capital needs. A significant portion of the shares was purchased by company insiders, adhering to regulatory exemptions based on the transaction’s size relative to the company’s market capitalization.
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