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GFG Resources Inc. — Board/Management Information 2020
Nov 17, 2020
47007_rns_2020-11-17_7b00d78c-2a68-468e-8cbf-5672b5875090.pdf
Board/Management Information
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FORM 51-102F3 MATERIAL CHANGE REPORT
ITEM 1 - Name and Address of Issuer
GFG Resources Inc. (the “Issuer”) 202 – 640 Broadway Avenue Saskatoon, SK S7N 1A9
ITEM 2 - Date of Material Change
A material change took place on November 13, 2020
ITEM 3 - News Release
On November 13, 2020, a news release in respect of the material change was disseminated via GlobeNewswire.
ITEM 4 - Summary of Material Change
On November 13, 2020, the Issuer announced the election of four board members at its annual meeting held on November 12, 2020. Shareholders elected board members Patrick Downey, Arnold Klassen, Brian Booth and Brian Skanderbeg.
ITEM 5 - Full Description of Material Change
For full description, please see the Issuer’s news release dated November 13, 2020, a copy of which is attached below as Schedule “A”.
ITEM 5.2 - Disclosure for Restructuring Transactions
Not applicable.
ITEM 6 - Reliance on Subsection 7.1(2) of National Instrument 51-102
Not applicable.
ITEM 7 - Omitted Information
There are no significant facts required to be disclosed herein which have been omitted.
ITEM 8 - Executive Officer:
Contact: Brian Skanderbeg, President & CEO Tel: (306) 931-0930
ITEM 9 - Date of Report
November 17, 2020
Schedule “A”
Release: Immediate
GFG Resources Inc. Announces Election of Directors
November 13, 2020, Saskatoon, Saskatchewan, Canada: GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has announced the election of four board members at its annual meeting held on November 12, 2020.
Shareholders elected board members Patrick Downey, Arnold Klassen, Brian Booth and Brian Skanderbeg.
Voting Results for GFG
| Nominee | Votes For | % Votes For | Withheld | % Votes Withheld | |
|---|---|---|---|---|---|
| Patrick Downey | 33,928,214 | 99.895 | 35,600 | .105 | |
| Arnold Klassen | 33,925,202 | 99.886 | 38,612 | .114 | |
| Brian Booth | 33,928,214 | 99.895 | 35,600 | .105 | |
| Brian Skanderbeg | 33,888,839 | 99.779 | 74,975 | .221 |
About GFG Resources Inc.
GFG Resources is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming. In Ontario, the Company owns 100% of the Pen and Dore gold projects, two large and highly prospective gold properties west of the prolific gold district of Timmins, Ontario, Canada. The Pen and the Dore gold projects have similar geological settings that host most of the gold deposits found in the Timmins Gold Camp which have produced over 70 million ounces of gold. The Company also owns 100% of the Rattlesnake Hills Gold Project, a district scale gold exploration project located approximately 100 kilometres southwest of Casper, Wyoming, U.S. The geologic setting, alteration and mineralization seen in the Rattlesnake Hills are similar to other gold deposits of the Rocky Mountain alkaline province which, collectively, have produced over 50 million ounces of gold.
For further information, please contact:
Brian Skanderbeg, President & CEO Phone: (306) 931-0930 or Marc Lepage, Vice President, Business Development Phone: (306) 931-0930 Email: [email protected] Website: www.gfgresources.com
Stay Connected with Us
Twitter: @GFGResources
LinkedIn: https://www.linkedin.com/company/gfgresources/ Facebook: https://www.facebook.com/GFGResourcesInc/