GFGSF - GFG upsizes private placement financing to C$4.2M

• GFG Resources ( OTCQB:GFGSF ) has increased the size of its private placement to raise gross proceeds of up to C$4.2M.
• Alamos Gold ( AGI ) has committed to purchasing securities to increase their position to a 9.99% interest in the company.
• The offering will consist of any combination of units at a price of C$0.13 per unit; common shares that will qualify as “flow-through shares” at a price of C$0.15 per FT share; and (iii) premium units at a price of C$0.1866.
• The offering is scheduled to close on or about March 15, 2023

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