GGL Resources Corp. Announces the Granting of Incentive Stock Options
Vancouver, BC – August 10, 2020 – GGL Resources Corp. (TSX.V – GGL) (“GGL” or the “Company”) announces that the Compensation Committee has recommended, with approval of the directors the granting of incentive stock options to directors, officers, employees and consultants, entitling them to purchase up to a total of 1,450,000 common shares at a price of $0.15 per share for a period of five years. The options will vest on a quarterly basis commencing three months from the date of grant.
About GGL Resources Corp.
GGL is a seasoned, Canadian-based junior exploration company focused on the exploration and advancement of under evaluated mineral assets in politically stable, mining friendly jurisdictions. The Company holds the McConnell copper-gold porphyry and shear hosted gold project located 22 kilometers southeast of the Kemess Mine in north-central BC. In addition, the Company has recently acquired the Gold Point project in the prolific Walker Lane Gold District, Nevada which is the consolidation of several past producing high-grade gold mines. GGL also holds key diamond exploration projects in Canada’s north in Nunavut as well as the Lac de Gras diamond district in the Northwest Territories. Lac de Gras is home to Canada’s first two diamond mines, the world class Diavik and Ekati mines discovered in the 1990s. The Company also holds diamond royalties on mineral leases in close proximity to the Gahcho Kué diamond mine in the Northwest Territories.
ON BEHALF OF THE BOARD
President, COO and Director
For further information concerning GGL Resources Corp. or its various exploration projects please visit our website at www.gglresourcescorp.com or contact:
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This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.