New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$180k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$180k free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-CA$1.5m). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.07m market cap, or US$2.25m). Announcement • Dec 23
GGX Gold Corp., Annual General Meeting, Feb 17, 2026 GGX Gold Corp., Annual General Meeting, Feb 17, 2026. Announcement • Oct 07
GGX Gold Corp. announced that it expects to receive CAD 0.1 million in funding GGX Gold Corp announced a non-brokered private placement to issue 2,000,000 hard dollar unit at an issue price of CAD 0.05 for the proceeds of CAD 100,000 on October 6, 2025. The units of the financing will comprise one common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share at the price of CAD 0.07 for 60 months after closing. Finders' fees may be paid to eligible finders. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX-V. Directors, officers or other insiders of the company may participate in the foregoing offerings. Board Change • Jul 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Negative equity (-CA$1.2m). Revenue is less than US$1m. Market cap is less than US$10m (CA$727.9k market cap, or US$522.7k). New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shares are highly illiquid. Market cap is less than US$10m (CA$1.09m market cap, or US$802.9k). Board Change • Aug 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 06
GGX Gold Reviews Critical Mineral Status Tellurium-Gold Veins GGX Gold Corp. provided an update on the Company's 100% owned Gold Drop property in the Greenwood Mining Camp in British Columbia, Canada. GGX has initiated a review of targets at the Gold Drop Property to focus on tellurium enriched gold veins, considering the growing interest in Critical Minerals as outlined in the Government's release of its Critical Minerals Strategy. Tellurium is on Canada's list of 31 critical minerals, with applications in solar power and thermoelectric devices. Map of Gold Drop Property showing exploration areas. A review of previous analytical results shows that elevated tellurium is associated with high gold concentrations in the COD, Perky, and Ken veins. However, data are limited because tellurium (Te) analyses were not routinely performed prior to 2018. As such, Te values remain unknown over much of the property and could be present in significant amounts in other known gold-rich veins. The tellurium is suspected to be contained in gold-telluride minerals such as Sylvanite (AuAgTe4). A comprehensive review of Te results is underway and a plan for re-sampling is being laid out to quantify the Te concentrations. The area surrounding the gold-tellurium enriched COD, Perky and Everest veins is of particular interest because several lineaments have been identified recently on the digital elevation model (DEM) that strike parallel to the COD vein (see map). These lineaments are interpreted as fractures and faults that could host parallel gold-tellurium bearing veins. The lineaments are being targeted for detailed surface evaluation in 2023, using focused geochemical surveys. Drilling targets are now being re-evaluated for 2023. The source of the tellurium at Gold Drop is unknown. However, tellurium is associated with gold mineralization world-wide in deposits associated with alkaline to subalkaline igneous host rocks. Deposit examples include Kirkland Lake Ontario, Cripple Creek Colorado, Emperor in Fiji, Porgera and Lihir in Papua New Guinea, and in China where Te is the main commodity (Dashuigou and Majiagou deposits, USGS PP1802-R). In the Gold Drop area, the veins are hosted in rocks that are intruded by syenite dikes and intrusions of the alkaline Coryell suite, suggesting a possible genetic association between the gold mineralization and alkaline magmatism. Map showing DEM and veins (red), lineaments (blue and white dashed lines) and Te and Au results of rock samples (yellow dots). Analyses disclosed in this release were conducted by ALS Global - Geochemistry Analytical Lab in North Vancouver, BC, Canada. ALS is an independent, fully accredited commercial laboratory. All mineralized vein samples were analyzed by the metallics sieve method (ALS Code Au-SCR24) with gold determination by fire assay. For other samples, gold was determined by the fire assay method using a 50-gram sample weight and AA finish. Other metals were analyzed as part of a 48-element package using a four-acid digestion and determination by ICP-MS. Over-limit results for tellurium were re-analyzed by four acid ICP-AES. Quality control was monitored from the results of blank and certified reference standard samples that were inserted into the submissions at a frequency of one each in 20 samples. The Company also announces that it has granted 1,000,000 stock options at an exercise price of $0.10 to its directors, officers, employees, and consultants. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee, or consultant of the Company. The stock options are not transferable and will be subject to a four-month hold period from the date of grant and any applicable regulatory acceptance. The technical information in this release was approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company. Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. Announcement • Dec 17
GGX Gold Corp. announced that it expects to receive CAD 0.16 million in funding GGX Gold Corp. announced a non-brokered private placement of up 2,000,000 flow through units at a price of CAD 0.08 per unit for gross proceeds of CAD 160,000 on December 16, 2022. Each flow-through unit will comprise of one flow-through common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at the price of CAD 0.10 for 24 months after closing. A finder's fee may be paid to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing. The transaction and payment of finders' fees are both subject to approval by the TSX-V. Directors, officers or other insiders of the Company may participate in the transaction. Board Change • Nov 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 20
GGX Gold Corp. announced that it has received CAD 0.30185 million in funding On May 18, 2022, GGX Gold Corp. closed the transaction. The company issued 2,012,333 units for gross proceeds of CAD 301,850. The company paid a cash commission of CAD 14,715 and issued 49,050 broker warrants to EMD Financial Inc. and paid CAD 700 and issued 4,667 broker warrants to PI Financial Corp in the transaction. All securities issued in connection with the offering will be subject to a hold period expiring September 14, 2022. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 03
GGX Gold Corp. announced that it expects to receive CAD 0.75 million in funding GGX Gold Corp. announced a non-brokered private placement of up to 5,000,000 flow-through unit at a price of CAD 0.15 per unit for gross proceeds of CAD 750,000 on April 1, 2022. Directors, officers, or other insiders of the company may participate in the transaction. Each unit comprises of one common share and a share purchase warrant, which will be exercised for a period of 18 months at a price of CAD 0.20 per share. A finder's fee will be paid to eligible finders in accordance to the TSX Venture Exchange policies. All securities issued pursuant to the transaction will be subject to a hold period of four months and one day from the date of closing. The transaction and payment of finders' fees are both subject to approval by the TSX Venture Exchange. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Stu Hughes was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 12
GGX Gold Corp. Initiates Bulk Sample Permit on the C.O.D. Vein GGX Gold Corp. announced that the technical team has started the permitting process for a bulk sample on the C.O.D Vein at the Company's 100% owned Gold Drop property. 129 g/t gold and 1,154 g/t silver over 7.28 meter core length (majority of samples greater than the upper 500 g/t analytical limit for tellurium). High-grade quartz vein intersection is near-surface (18 to 23 meters vertical depth). Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization. Telluride mineralization is common in vein intersection. Visible gold in one section. The C.O.D vein has been explored over the last several field seasons with 155 surface drill holes totaling 10,292 metres completed from 2017 to 2020 in addition to trenches completed in 2017 and 2020. Majority of the drillholes intersected the C.O.D vein within 80 metres of surface, providing opportunities to delineate mineralization at depth. The bulk sample program at the C.O.D vein will provide further information on the metallurgy, recovery, and processing methods. The technical team is evaluating the resource potential at the C.O.D vein as well as processing sites for the bulk sample. Announcement • Jul 16
GGX Gold Corp. Provides an Update on Its Exploration Work At Its 100% Owned Gold Drop Property in the Historic Greenwood Mining Camp in British Columbia, Canada GGX Gold Corp. provided an update on its exploration work at the Company's 100% owned Gold Drop property in the Historic Greenwood Mining Camp in British Columbia, Canada. Diamond drilling commenced on June 8, 2021 with a total of 18 drill holes completed to date. The program started by drilling the Perky vein where 12 drill holes were completed to test the northern lateral extension of the vein. The drilling rig was then moved over to test the Lively vein where a total of 6 drill holes have been completed with the seventh drill hole currently in progress. The Lively vein successfully intersected the vein and discovered a parallel mineralized structure to east of the Lively vein, approximately 10-20 cm in true width containing pyrite along the contact margins. Once drilling of the seventh hole at the Lively vein is complete, the rig will be relocated to the COD vein where one drillhole is planned to test the northern edge of the known mineralization. Announcement • Jun 18
Ggx Gold Corp. Announces the Silver and Tellurium Assay Results for the Perky and C.O.D Veins from the 2020 Diamond Drilling Program at the Company's 100% Owned Gold Drop Property GGX Gold Corp. announced the silver and tellurium assay results for the Perky and C.O.D veins from the 2020 diamond drilling program at the Company's 100% owned Gold Drop property (the "Property") located in the Greenwood Mining Camp in south-central British Columbia. Silver and Tellurium assay results were recently received for all the C.O.D (COD20-01 to COD20-019) and Perky (PKY20-01 to PKY20-17) veins drilled in 2020. Gold assay results were reported in the April 7, 2021 News Release. The Perky vein located approximately 200 metres west of the C.O.D vein reported the most significant result of 235 g/t gold, 880 g/t silver, and 660 ppm tellurium over 0.53 metre core interval from drillhole PYK20-08. The Company plans to continue diamond drilling at the Perky vein in 2021 to continue delineation of high-grade gold, silver, and tellurium mineralization. Announcement • Jun 09
GGX Gold Corp. Commences Diamond Drilling Program GGX Gold Corp. announced diamond drilling program at the Company's 100% owned Gold Drop property (the "Property") has commenced. A total of 2,500 meters of drilling is anticipated for the 2021 field season. The 2021 diamond drilling program will target several mineralized areas throughout the Property. The primary focus is to further delineate the Perky vein where 5-6 drillholes are planned. The Perky vein was extensively drilled and trenched in 2020. In addition, 4-5 drillholes are planned for the Lively vein which was successfully trenched at surface in 2020, 2-3 drillholes targeting the C.O.D North northern extension vein, and several drillholes targeting the Ken and Highland Valley veins. As the field season progresses, the technical staff may modify the diamond drilling program as needed. Announcement • Jun 05
GGX Gold Corp. Announces It Is Planning the Upcoming 2021 Exploration Program GGX Gold Corp. announced it is planning the upcoming 2021 exploration program at the Company's 100% owned Gold Drop property in the Greenwood Mining Camp in British Columbia, Canada. In 2020, the Company had a busy field season that consisted of diamond drilling, trenching, mapping, prospecting, and 3D modelling. A total of 3,865 metres of drilling were completed from 37 drill holes targeting the C.O.D vein, Perky vein, and further testing of an airborne geophysical anomaly. Drilling in 2021 will be focused on identifying lateral extension of the Perky vein which was also trenched over 10.3 metre interval, yielding grades as high as 54 g/t Au, 194 g/t Ag, and 134 ppm Te over 0.70 metre width. Furthermore, drilling will test mineralization at the Lively vein which was successfully trenched at surface in 2020 over a 29.5 metre interval. Prospecting and geological mapping will continue in the Rhoderick Dhu and Ken area. Trenching this season will entail several areas including the northern area of the C.O.D vein which was trenched to the south last year, and the Highland Valley vein which was exposed at surface with a grab sample grading 4.76 g/t Au, 22.4 g/t Ag, and 12.7 ppm Te. As the Company's technical staff continue to actively evaluate the field data from last year, new targets and field activities may be planned throughout the field season. Announcement • Mar 17
GGX Gold Corp. announced that it has received CAD 0.3 million in funding On March 15, 2021, GGX Gold Corp. (TSXV:GGX) closed the transaction. The transaction included participation from 8 investors. The filing documentation with respect to the transaction has been accepted by TSX Venture Exchange. Announcement • Feb 05
GGX Gold Corp. Announces Further Results of its 2020 Exploration Program at the Gold Drop Property in the Greenwood Mining Camp of South-Central British Columbia GGX Gold Corp. announced further results of its 2020 exploration program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia. Assay results were received for drill holes 8 to 10 on the C.O.D vein and two surface rock chip samples from the Gold Drop property. Highlights from the drill core assays include 27.7 grams per tonne gold over 1.18 meters in hole 10, and 11.95 grams per tonne gold over 0.59 meters in hole 9. Significant drill core assay results are provided in the table below. Holes COD20-09 and 10 were drilled to test the northern limit of an area of high-grade mineralization that was discovered in 2018 and drilled in 2018 and 2019. The significant results for these holes indicate that the mineralized zone extends a few meters further north than previously defined. Hole 8 was drilled slightly deeper and intersected only clay altered granodiorite with no significant gold values, possibly indicating the mineralized zone terminates within a faulted zone at depth. The highlight from the surface rock chip samples is a 15.2 gram per tonne gold plus 99.9 gram per tonne silver assay from a grab sample of quartz that was turned up during the trenching on the Lively vein. In 2020, the Lively vein was exposed by trenching along strike for 29.5 meters before it disappeared under thick overburden. The vein exposed in the trench ranged up to 0.2 meters in width and averaged 1.89 grams per tonne gold. The significant gold assay just received is for a sample collected from a large boulder that appears unlike the Lively vein (larger in width and higher grade). Further investigation is warranted to determine if this quartz boulder possibly originated from a different vein located nearby. Analytical results are pending for the remaining holes drilled on the C.O.D. structure and several holes drilled on the Perky vein. Announcement • Jan 14
Ggx Gold Corp Provides an Update on Its Exploration Drilling Program At the Gold Drop Property in the Greenwood Mining Camp GGX Gold Corp. to provide an update on its exploration drilling program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia. Diamond drilling is now complete for the year 2020 at the Gold Drop property. A total of 3,865 metres was drilled in 37 holes. This includes one hole (AMT20-01) to test a deep geophysical porphyry target (786 metres), 19 holes (1,894 Metres) drilled to test the C.O.D. vein structure, and 17 holes (1,185 metres) drilled to test the Perky vein. The Perky vein is a new discovery vein where high-grade assay results were obtained from surface trenching. This vein is located 200 metres west of C.O.D Grab and channel sample results ranged up to 54.0 grams per tonne gold, 303 grams per tonne silver and 134.0 grams per tonne tellurium. Channel samples assays averaged 22.7 grams per tonne gold, 107.6 grams per tonne silver and 67.0 grams per tonnes tellurium over a sampled length of 10.3 metres. Drilling was done to test the Perky vein at shallow depths beneath the surface trench and two of these holes were extended eastward underneath the projected extension of the C.O.D. vein. The drilling to date on the Perky structure was positive in that multiple vein intersections were obtained. Visually, best intercepts were holes PKY20-07 and 08, which contained visible gold and pyrite +/- telluride mineralization in quartz veins. Announcement • Nov 26
GGX Gold Corp. announced that it expects to receive CAD 0.32 million in funding GGX Gold Corp. (TSXV:GGX) announced a non-brokered private placement of up to 2,000,000 flow-through units at a price of CAD 0.16 per unit for gross proceeds of CAD 320,000 on November 25, 2020. The transaction may include participation from directors, officers, and other insiders of the company. Each flow-through unit will consists of one common share and one share purchase warrant. Each whole warrant will entitles the holder to purchase one additional common share at a price of CAD 0.20 for a period of 18 months from date of closing of the transaction. The term of the warrants may be accelerated in the event that the issuer's share trade at or above a price of CAD 0.25 per share for a period of 10 consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the warrants will expire 20 days from the date of providing such notice. The company may pay finder's fees to eligible finders pursuant to the transaction. All the securities to be issued in the transaction are subject to a hold period of four months and one day from date of closing of the transaction. The transaction is subject to approval by the TSX Venture Exchange. Announcement • Nov 12
GGX Gold Corp. Announces to Provide an Update on Its Active Exploration Program At the Gold Drop Property in the Greenwood Mining Camp of South-Central British Columbia GGX Gold Corp. announced to provide an update on its active exploration program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia. Assay results were received for two newly discovered quartz veins from the COD West area of the Gold Drop property. The veins, named Perky and Lively, were exposed in trenches that were excavated and sampled this season. The Perky vein lies about 420 metres southwest of the Lively vein. The Perky vein was exposed over a strike length of 13.8 metres. It is vertically dipping and strikes northwest. A total of 7 rock samples were collected from the Perky vein, of which one was a grab sample and six were channel samples across the vein spaced at between 1.5 and 2.5 metres. The grab sample contained visible gold and assayed 47.6 grams per tonne gold. The channel samples assays ranged between 0.07 and 54.0 grams per tonne gold and the average width of the channel samples if 0.44 metres The length weighted average grade of the channel samples is 22.7 grams per tonne gold, 107.6 grams per tonne silver and 67.0 grams per tonnes tellurium over a sampled length of 10.3 metres. The Lively vein was exposed over 29.5 metres and ranges in width up to 0.2 metres. This vein dips near vertical and strikes northeast. A total of 10 samples were collected from the Lively vein, all of which were channel samples collected across the vein. The assay results for gold range from 0.13 to 6.94 grams per tonne and average 1.89 grams per tonnes gold. The newly discovered Perky vein assay results are considered very significant and as such, further exploration work is planned. Drilling is scheduled in the coming weeks. The Lively vein is gold bearing and will be drill- tested at depth for increases in grade or width. Announcement • Oct 29
GGX Gold Corp. Provides an Update on its Active Exploration Program At the Gold Drop Property in the Greenwood Mining Camp of South-Central British Columbia GGX Gold Corp. provided an update on its active exploration program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia. Results were received for three prospecting samples from the Mt. Rhoderick Dhu area, located north of the C.O.D. vein. One of the surface rock chip grab samples returned significant results, with a value of 23.5 grams per tonne gold, 437 grams per tonne silver, 198 grams per tonne tellurium and 0.7% lead. This sample is from the Amandy vein, situated 1.6 kilometres south-southwest from the summit of Mount Roderick Dhu, west of Jewel Lake, and 11 kilometres north-northeast from the town of Greenwood. The vein was sampled at an historic inclined shaft and ranges up to 30 centimeters thick. The sample consisted of rusty quartz vein material. The Amandy vein is norther trending, roughly parallels the bedding/foliation planes of the host metasedimentary rocks. The vein consists of quartz alternately banded with host rock. Mineralization consists of pyrite which is oxidized near surface, galena, sphalerite and local tellurides (possibly sylvanite). The vein width ranges from a few centimetres to 3 metres and extends for short distances along strike and down-dip. Historic development consists of open cuts, pits, shafts and a small amount of drifting (BC MInFile). Announcement • Jul 17
GGX Gold Corp. announced that it has received CAD 0.3 million in funding On July 10, 2020, GGX Gold Corp. (TSXV:GGX) closed the transaction. The company has issued 2,000,000 units for gross proceeds of CAD 150,000 in its second and final tranche. The hold expiry date for the final tranche is November 10, 2020. The company has granted 400,000 stock options at an exercise price of CAD 0.22 to its directors, officers, employees and consultants. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the company. The stock options are not transferable and will be subject to a four-month hold period from the date of grant and any applicable regulatory acceptance. 