VANCOUVER, March 11, 2013 /CNW/ - G4G Resources Ltd. ("G4G", "the Company") (TSX-V: GXG) announced today that the Company has received final approval from the
TSX Venture Exchange to conclude an agreement (the "Agreement") with
Nahminto Resources Ltd. ("Nahminto") pursuant to which G4G will
transfer to Nahminto its 100% interest in the mining claims known as
Macktush property on Vancouver Island (the "Claims") in return for a 1%
Net Smelter Return Royalty.
Pursuant to the Agreement, Nahminto undertakes to advise the Company of
the proposed work programs, and to complete such exploration,
development or other work on the Claims to keep the Macktush property
in good standing.
About G4G Resources Ltd.
G4G Resources Ltd. is a Canadian-based mineral exploration and
development company focused on a number of low cost iron ore projects.
G4G's latest corporate presentation can be viewed at www.g4gresources.com
This document may contain or refer to forward-looking information based
on current expectations, including, but not limited to timing of
mineral resource estimates, future exploration or project development
programs and the impact on the Company of these events. Forward-looking
information is subject to significant risks and uncertainties, as
actual results may differ materially from forecasted results.
Forward-looking information is provided as of the date hereof and we
assume no responsibility to update or revise them to reflect new events
or circumstances, except as required under securities laws. For a
detailed list of risks and uncertainties, as it relates to G4G
Resources Ltd., please refer to the Company's 2011 year end audited
financial statements filed with SEDAR on April 27, 2012. Should you
wish to receive Company news via email, please email firstname.lastname@example.org and specify "G4G News" in the subject line.
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.
SOURCE: G4G Resources Ltd.
For further information:
President and CEO
G4G Resources Ltd.
Tel: (604) 602-9868