Gfg signs exploration agreement with apitipi anicinapek nation

Saskatoon, saskatchewan, march 06, 2025 (globe newswire) -- gfg resources inc. (tsxv: gfg) (otcqb: gfgsf) (“gfg” or the “company”) is pleased to announce that it has entered into an exploration agreement (“ea”) with apitipi anicinapek nation (“aan”) with respect to the company's goldarm property (“goldarm” or the “project”) located in the world-class timmins gold district of ontario, canada. the ea sets the stage for continuous consultation with aan, providing the community with the chance to engage in the project through employment, training, and business growth opportunities. as outlined in the ea, gfg will allocate contributions to a community fund based on its exploration expenses in aan territory. furthermore, within 10 business days of tsxv approval, the company will issue $20,000 in gfg common shares to aan. gfg will calculate the number of shares based on the average closing price of the shares for the five days preceding this announcement, or such alternative pricing as may be approved by the tsxv. the ea remains subject to the approval of the tsxv.
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