G2 Goldfields Inc. — Capital/Financing Update 2021

Jan 19, 2021

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G2 Goldfields Announces Commencement of OTCQX Trading

TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (" G2 " or the " Company ") ( GTWO.V ) ( OTCQX: GUYGF ) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol GUYGF. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. G2’s common shares will continue to trade on the TSX Venture Exchange under the symbol GTWO.

The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade GUYGF. The OTCQX Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.

B. Riley Securities acted as the Company's OTCQX sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing corporate finance, research, sales and trading services.

Dan Noone, CEO of G2 stated, "We are pleased to have qualified to trade on the OTCQX Market which we anticipate will provide G2 with wider visibility to the investment community to broaden our shareholder base and strengthen shareholder value."

About G2 Goldfields Inc.

G2 Goldfields Inc. is focused on the discovery of large gold deposits in the Guiana Shield. The Company owns a 100% interest in two past gold producing mines, as well as a regional portfolio of highly prospective projects.

For further information please contact:

Dan Noone CEO +1.416.628.5904 Email: d.noone@g2goldfields.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 and / or accuracy of this release.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of G2. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.