sur GGL Resources Corp. (CVE:GGL)
GGL Resources Corp. Shareholders Approve Strategic Metals Ltd. Property Transaction
Vancouver, BC-based GGL Resources Corp. announced the approval by shareholders of a key transaction with Strategic Metals Ltd. This decision, made during special meetings on August 31, 2026, allows GGL a two-staged option to acquire full ownership of the Hopper, Kluane, Batt, and Moraine mineral properties situated in the southwestern Yukon Territory. The approval was crucial due to Strategic's 30.35% stake in GGL, classifying it as a "related party" under relevant regulations.
The transaction is contingent on GGL completing a share consolidation with a four to one ratio and obtaining final acceptance from the TSX Venture Exchange. Additionally, at the Annual General and Special meeting, shareholders re-elected directors and auditors and ratified the company's 10% rolling stock option plan.
R. P.
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