GGL Resources Corp. Launches $500,000 Private Placement

GGL Resources Corp., a junior exploration company based in Vancouver, announced a private placement to raise up to $500,000. The offering will consist of selling up to 10,000,000 units at $0.05 each. Each unit includes one common share and one warrant. The warrant allows the purchase of an additional share at $0.10, exercisable for 24 months after the private placement closure.

Proceeds are earmarked for exploration projects in the U.S. and Canada and general corporate purposes. This private placement is subject to TSX Venture Exchange approval. Insiders may take part, and commissions may be paid following TSX policies. All shares issued will adhere to a four-month plus one day hold period in Canada.