TSX: GGL.V $0.02 +0.00 +0.00% vol. 3,000

Press Release

SHARE CONSOLIDATION
August 29, 2014
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 NEWS RELEASE                                                                                  August 29, 2014  

                                              SHARE CONSOLIDATION 

VANCOUVER, British Columbia, Canada – Raymond A. Hrkac, President and CEO of GGL Resources Corp. (TSX-V - GGL) (the “Company”), is pleased to announce that the TSX Venture Exchange (the “Exchange”) has accepted the Company’s filings with respect to the consolidation of all of the issued and outstanding common shares of the Company, on the basis of five (5) old for one (1) new share (the “Consolidation”), as announced on August 20, 2014.  Effective Tuesday, September 2, 2014, the common shares of the Company will trade on the Exchange on a consolidated basis under the same trading symbol “GGL”.   

The Company currently has 166,173,693 common shares issued and outstanding.  After giving effect to the Consolidation, the Company will have approximately 33,234,738 common shares issued and outstanding.  The number of common shares reserved for issuance by the Company, including common shares reserved for stock options and warrants, will be adjusted to give effect to the Consolidation.  No fractional shares will be issued.  Any fraction of a share resulting from the Consolidation will be rounded down to the nearest whole number, if less than one-half of one share, and rounded up, if at least one-half of one share.   

On behalf of the Board,  

Raymond A. Hrkac 

Raymond A. Hrkac

President & CEO 

For further information, please phone (604)688-0546 or email: info@gglresourcescorp.com.  For more information, visit our web site at www.gglresourcescorp.com.   

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-Looking Information: This news release contains forward-looking statements and the cautions regarding such statements apply.

   
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