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GFG Resources Completes First Tranche of Financing, Raising $2.5M and Granting Alamos 11.1% Stake.
ByAinvest
Tuesday, Nov 4, 2025 5:52 am ET1min read
GFG Resources has closed the first tranche of its private placement financing, raising C$2.54 million from the sale of premium flow-through units. Alamos Gold purchased securities and now holds an 11.1% interest in the company. The final tranche of the financing is expected to close on November 7, 2025. The company intends to use the funds to advance its gold exploration and development projects.
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