GGL Resources Corp. Announces Private Placement and Leadership Changes

GGL Resources Corp., a Canadian junior exploration company, has announced a non-brokered private placement to raise up to $200,000 through the sale of 4,000,000 common shares at $0.05 per share. The funds will be allocated to the exploration and development of the McConnell Copper-Gold Project in British Columbia and the Gold Point Project in Nevada, alongside general working capital needs.

In a notable leadership change, Doug Eaton has resigned as CEO and Director. Matthew Turner, a current Director, will assume the role of interim CEO. This follows Eaton’s tenure that saw the company's transition towards a diversified portfolio, including the recent optioning of the Le Champ Porphyry target to Teck American Incorporated.

Turner has been granted incentive stock options for up to 150,000 shares at $0.05 until 2030. These options will vest quarterly starting three months post-grant.