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GFG Resources Inc.

03:37 PM EST - GFG Resources Inc. : Has closed its private placement financing announced on January 31 for aggregate gross proceeds of $5,002,500. The offering consisted of a total of 4,350,000 common shares of the Company at a price of $1.15 per Common Share sold on a bought deal private placement basis through a syndicate of underwriters. GFG Resources Inc. shares V.GFG are trading up $0.03 at $1.29.