GFG Resources Increases Private Placement to $3 Million-March 2024-www.financetom.com

GFG Resources Increases Private Placement to $3 Million

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

GFG Resources Increases Private Placement to $3 Million

Apr 11, 2025 6:05 AM

08:30 AM EDT, 04/11/2025 (MT Newswires) -- GFG Resources ( GFGSF ) on Friday said it has increased its private placement offering of units to $3 million from $2.5 million.

The private placement offering will now consist of 11 million tax-advantaged premium flow-through units priced at $0.27, up from the previous 9.2 million. Each unit will consist of one share and one 24-month warrant that can buy a share at $0.28.

GFG previously announced that Alamos Gold (AGI.TO) will purchase securities so as to maintain their 10.8% stake in the company after the offering is completed, scheduled for May 2.

Previous page： Above Food Ingredients Regains Nasdaq Compliance Next page： Looking At Mastercard's Recent Unusual Options Activity

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Above Food Ingredients Regains Nasdaq Compliance

Jun 6, 2025

02:00 PM EDT, 06/06/2025 (MT Newswires) -- Above Food Ingredients ( ABVE ) said Friday it has received a notice from the Nasdaq Stock Market, confirming that it has met the minimum market value requirement for publicly held shares as of May 27. The company said it has also complied with the listing rules and is awaiting official confirmation from...

Looking At Mastercard's Recent Unusual Options Activity

Jun 6, 2025

Deep-pocketed investors have adopted a bullish approach towards Mastercard ( MA ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MA usually suggests something big is about to happen. We gleaned this information from...

Market Chatter: Trump Planning to Extend TikTok Deadline Again

Jun 6, 2025

02:08 PM EDT, 06/06/2025 (MT Newswires) -- President Donald Trump is expected to sign an executive order that will delay enforcement of a law banning TikTok or requiring its sale ahead of a June 19 deadline, The Wall Street Journal reported Friday, citing people familiar with the plan. (Market Chatter news is derived from conversations with market professionals globally. This...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...