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NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
GFG Sources Inc. (TSXV: GFG,OTC:GFGSF) (OTCQB: GFGSF) (” GFG ” or the ” Firm “) has closed the primary tranche of its beforehand introduced personal placement financing (the ” Providing “) for gross proceeds of C$2,537,904. In reference to the Providing, Alamos Gold Inc. (“Alamos”) ( TSX: AGI; NYSE: AGI ) bought securities and now holds an approximate 11.1% curiosity within the Firm. The Firm intends to shut the ultimate tranche of the Providing on or about November 7, 2025.
Pursuant to the Providing, GFG issued 11,411,438 premium flow-through items of the Firm (every, a “Premium Unit”) at a value of C$0.2224 per Premium Unit for gross proceeds of C$2,537,904. Every Premium Unit consists of 1 frequent share of the Firm and one-half of 1 share buy warrant (every entire such share buy warrant, a ” Warrant “), with every Warrant entitling the holder thereof to accumulate one further frequent share of the Firm at an train value of C$0.24 for a interval of 24 months from the date of issuance. Every of the frequent shares and Warrants comprising the Premium Items qualify as a “flow-through share” for the needs of the Earnings Tax Act (Canada).
Topic to compliance with relevant regulatory necessities and in accordance with Nationwide Instrument 45-106 – Prospectus Exemptions (” NI 45-106 “), the Premium Items offered pursuant to the Providing have been issued pursuant to the Listed Issuer Financing Exemption beneath Half 5A of NI 45-106, and accordingly such securities won’t be topic to a maintain interval pursuant to relevant Canadian securities legal guidelines. There’s an amended and restated providing doc on Kind 45-106F19 associated to the Providing that may be accessed beneath the Firm’s profile at www.sedarplus.ca and on the Firm’s web site at www.gfgresources.com . The Providing stays topic to the ultimate approval of the TSX Enterprise Change.
Associated Get together Transaction
Alamos bought 2,211,438 items by means of a share buy settlement with a 3rd occasion on November 3, 2025, for a complete buy value of C$353,830 (the ” Transaction “). Previous to the closing of the Providing, Alamos held 30,550,212 frequent shares and 1,397,906 share buy warrants of GFG, representing a safety holding share of roughly 10.8% (or 11.3% assuming train of such share buy warrants solely). Following the closing of the Providing, Alamos may have useful possession of, or management and path over 32,761,650 frequent shares and a couple of,503,625 warrants of GFG, representing 11.1% of the issued and excellent frequent shares of GFG instantly following closing of the Providing (or roughly 11.9% assuming train of such share buy warrants solely). Alamos acquired the items for funding functions, which shall be evaluated and could also be elevated or decreased once in a while at Alamos’ discretion. A replica of Alamos’ November 2024 early warning report is on the market on the SEDAR+ web site at www.sedarplus.ca or could be requested by contacting Scott Okay. Parsons, Senior Vice President, Company Growth and Investor Relations, at SParsons@alamosgold.com, 416-368-9932 (ext. 5439) or by mail at Brookfield Place, 181 Bay Avenue, Suite 3910, Toronto, Ontario M5J 2T3.
As well as, an combination of two,406,250 Premium Items have been bought by Messrs. Brian Skanderbeg and Marc Lepage, every administrators and/or officers of GFG, by means of a share buy settlement with a 3rd occasion on November 3, 2025. The acquisition of Premium Items by insiders of GFG is exempt from the formal valuation and minority shareholder approval necessities of Multilateral Instrument 61-101 on the premise that the transaction, insofar because it concerned associated events, represented lower than 25% of the market capitalization of GFG, all in accordance with subsections 5.5(a) and 5.7(1)(a) of MI 61-101.
In reference to the Providing, the Firm paid money finder’s charges on parts of the Providing totaling C$7,200.
This information launch doesn’t represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities, in any jurisdiction by which such supply, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of such jurisdiction. The securities haven’t been and won’t be registered beneath the US Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities legal guidelines, and will not be provided or offered inside the US until an exemption from such registration is on the market.
About GFG Sources Inc.
GFG is a North American valuable metals exploration firm centered on district scale gold initiatives in tier one mining jurisdictions, Ontario and Wyoming. In Ontario, the Firm operates three gold initiatives, every massive and extremely potential gold properties throughout the prolific gold district of Timmins, Ontario, Canada. The initiatives have related geological settings that host many of the gold deposits discovered within the Timmins Gold Camp which have produced over 70 million ounces of gold. The Firm additionally owns 100% of the Rattlesnake Hills Gold Undertaking, a district scale gold exploration venture situated roughly 100 km southwest of Casper, Wyoming, U.S.
For additional data, please contact:
Brian Skanderbeg, President & CEO
or
Marc Lepage, Vice President, Enterprise Growth
Telephone: (306) 931-0930
Electronic mail: data@gfgresources.com
Web site: www.gfgresources.com
Keep Linked with Us
X: https://x.com/gfgresources
LinkedIn: https://www.linkedin.com/firm/gfgresources/
Fb: https://www.fb.com/GFGResourcesInc/
Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
All statements, apart from statements of historic truth, contained on this information launch represent “forward-looking data” throughout the that means of relevant Canadian securities legal guidelines and “forward-looking statements” throughout the that means of the US Personal Securities Litigation Reform Act of 1995 (referred to herein as “forward-looking statements”). Ahead-looking statements embody, however should not restricted to, disclosure relating to the receipt of all relevant regulatory approvals, the potential nature of the Firm’s property pursuits, exploration plans and anticipated outcomes, circumstances or monetary efficiency that’s based mostly on assumptions about future financial circumstances and programs of motion; deliberate use of proceeds, expenditures and budgets and the execution thereof. Typically, these forward-looking statements could be recognized by way of forward-looking terminology corresponding to “plans”, “expects” or “doesn’t count on”, “is anticipated”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate” or “believes”, or the unfavorable connotation thereof or variations of such phrases and phrases or state that sure actions, occasions or outcomes, “could”, “may”, “would”, “will”, “may” or “shall be taken”, “happen” or “be achieved” or the unfavorable connotation thereof.
All forward-looking statements are based mostly on varied assumptions, together with, with out limitation, the expectations and beliefs of administration, the receipt of relevant regulatory approvals. availability of financing, the assumed long-term value of gold, that the present exploration and different aims regarding its mineral initiatives could be achieved and that its different company actions will proceed as anticipated; that the present value and demand for gold shall be sustained or will enhance; the continuity of the worth of gold and different metals, financial and political circumstances and operations; the potential nature of the Firm’s properties, availability of financing, and that basic enterprise and financial circumstances won’t change in a materially opposed method.
Ahead-looking statements are topic to recognized and unknown dangers, uncertainties and different components which will trigger the precise outcomes, degree of exercise, efficiency or achievements of GFG to be materially totally different from these expressed or implied by such forward-looking statements, together with however not restricted to: dangers and uncertainties associated to the failure to acquire all relevant regulatory approvals; precise outcomes of present exploration actions; environmental dangers; future costs of gold; working dangers; accidents, labour points and different dangers of the mining business; delays in acquiring authorities approvals or financing; and different dangers and uncertainties. These dangers and uncertainties should not, and shouldn’t be construed as being, exhaustive.
Though GFG has tried to determine vital components that might trigger precise outcomes to vary materially from these contained in forward-looking statements, there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. As well as, forward-looking statements are offered solely for the aim of offering details about administration’s present expectations and plans and permitting traders and others to get a greater understanding of our working setting. Accordingly, readers shouldn’t place undue reliance on forward-looking statements.
Ahead-looking statements on this information launch are made as of the date hereof and GFG assume no obligation to replace any forward-looking statements, besides as required by relevant legal guidelines.
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