G4G Resources and Nahminto Resources Ltd. conclude NSR agreement on Mactush Properties, Vancouver Island

VANCOUVER, March 6, 2013 /CNW/ - G4G Resources Ltd. ("G4G", "the Company") (TSX-V: GXG) announced today that the Company has reached an agreement with Nahminto Resources Ltd. ("Nahminto") pursuant to which G4G will transfer to Nahminto its 100% interest in the Mactush properties on Vancouver Island in return for a 1% Net Smelter Return Royalty (the "Transaction").

The Transaction has been conditionally approved by the TSX Venture Exchange.

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

Forward-Looking Statement

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 ir@g4gresources.com 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:

Basil Botha
President and CEO
G4G Resources Ltd.
Tel: (604) 602-9868
Email: ir@g4gresources.com
Website: www.g4gresources.com

Organization Profile

G4G Resources Ltd.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890