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GFG Signs Binding LOI with Patriot Gold to Sell its Rattlesnake Hills Gold Project

Stocks Mergers and Acquisitions

SASKATOON, Saskatchewan, May 09, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the signing of a binding letter of intent (the “LOI”) for the sale of its 100% owned Rattlesnake Hills Gold Project (the “Project”) to Patriot Gold Vault Ltd., (“Patriot”). Under the terms of the LOI, which will be formalized by a definitive agreement between the parties within forty-five (45) days (the “Transaction”), Patriot will pay GFG an aggregate consideration of approximately C$3.3 million.

GlobeNewswire Inc. • 09/05/2024 à 12:35:00
GFG RESOURCES INC
Status: Active
Company Info

MarketOtc
LocalUS
TypeOS
Currency NameUSD
Composite figiBBG00FFG57Q5
Share Class figiBBG002W944Y0
Updated date2024-01-28
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