| Vancouver, British Columbia – April 1, -2022 – GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has arranged a non-brokered private placement of up to 5 million flow through shares at a price of $0.15 per share for gross proceeds of $750,000. Proceeds from the private placement will be used for the continued exploration work on the Gold Drop Property in the Greenwood mining camp of south-central British Columbia. Each flow-through unit will comprise of one common share (which is a flow-through share for Canadian income tax purposes) and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at the price of $0.20 for 18 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 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. |
| On Behalf of the Board of Directors Quinn Field – Dyte, President 604-488-3900 Office@GGXgold.com Investor Relations: IR@GGXgold.com |
