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.