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Core Viewpoint - G2 Goldfields Inc. has announced a non-brokered private placement of up to 15 million common shares at a price of C$3.30 per share, aiming to raise up to C$49.5 million for exploration and development in Guyana [1][2]. Group 1: Offering Details - The Offering is fully subscribed and expected to close in September 2025, pending customary conditions including Toronto Stock Exchange approval [2]. - Insiders are expected to subscribe for 325,000 shares, contributing C$1,072,500 to the gross proceeds [3]. - The Offering qualifies as a "related party transaction" under Multilateral Instrument 61-101, exempting the company from formal valuation and minority shareholder approval due to the participation not exceeding 25% of market capitalization [3]. Group 2: Financial Position and Future Plans - The CEO of G2 Goldfields emphasized that the Offering strengthens the company's financial position ahead of key milestones in Q4 2025, including an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [3]. - The company has a legacy of discovering over 10 million ounces of gold in the Guiana Shield and continues to explore the potential of its mineral properties [4]. Group 3: Mineral Resource Estimate Highlights - The updated MRE for the Oko property includes: - 97,200 ounces of gold inferred within 4,976,000 tonnes at 0.61 g/t Au [4]. - 513,500 ounces of gold inferred within 3,473,000 tonnes at 4.60 g/t Au [6]. - 808,000 ounces of gold indicated within 3,147,000 tonnes at 7.98 g/t Au [6]. - 1,024,500 ounces of gold inferred within 12,062,000 tonnes at 2.64 g/t Au [6]. - 663,400 ounces of gold indicated within 10,288,000 tonnes at 2.01 g/t Au [6].

Core Viewpoint - G2 Goldfields Inc. has announced a non-brokered private placement of up to 15,000,000 common shares at a price of C$3.30 per share, aiming to raise up to C$49,500,000 for exploration and development in Guyana [1][2]. Group 1: Offering Details - The Offering is fully subscribed and expected to close in September 2025, pending customary conditions including Toronto Stock Exchange approval [2]. - Insiders are expected to subscribe for 325,000 shares, contributing C$1,072,500 to the gross proceeds [3]. - The Offering qualifies as a "related party transaction" under Multilateral Instrument 61-101, exempting the company from formal valuation and minority shareholder approval due to the participation not exceeding 25% of market capitalization [3]. Group 2: Financial Position and Future Plans - The completion of the Offering strengthens the company's financial position ahead of key milestones in Q4 2025, including an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [3]. - The confidence of major shareholders highlights the quality of the company's assets and near-term strategy [3]. Group 3: Company Background - G2 Goldfields focuses on finding and developing gold deposits in Guyana, with a history of discovering over 10 million ounces of gold in the Guiana Shield [4]. - The company announced an Updated Mineral Resource Estimate for the Oko property in March 2025, detailing significant inferred and indicated resources [4][6].

Core Viewpoint - G2 Goldfields Inc. plans to spin out its non-core properties into a new entity, G3 Goldfields Inc., to unlock value for shareholders and focus on its primary OKO project in Guyana [1][2]. Spin-Out Details - The spin-out will involve transferring non-core assets and a cash amount to G3 through a plan of arrangement under the Canada Business Corporations Act [1]. - Each G2 shareholder will receive one share of G3 for every two shares of G2 held as of the effective date of the arrangement [3]. - The spin-out requires shareholder approval at a meeting scheduled for November 27, 2025, where a special resolution will be presented [4]. Regulatory and Listing Information - The completion of the arrangement is contingent upon G2 entering into an arrangement agreement and receiving necessary regulatory and court approvals, including from the Toronto Stock Exchange [5]. - G3 shares are intended to be listed on the Canadian Securities Exchange, subject to meeting all listing requirements [5]. Additional Information - Further details regarding the spin-out will be provided when G2 enters into the arrangement agreement and will be included in the management information circular to be filed in early November 2025 [6]. - G2 Goldfields focuses on gold exploration and development in Guyana, with a significant mineral resource estimate for the OKO property, including 513,500 ounces of inferred gold [7][9].

Core Viewpoint - G2 Goldfields Inc. has received approval for two Large Scale Prospecting Licenses for its Oko-Ghanie Gold Deposit in Guyana, marking a significant advancement for the project and highlighting the company's strong relationship with the Guyanese government [1][2]. Group 1: Project Development - The approved Prospecting Licenses cover the Oko and Ghanie Deposits, which contain a combined total of 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au, across approximately 17,451 acres [2]. - The licenses replace 11 medium-scale mining permits previously held by local entrepreneurs and have a three-year term with two one-year renewal options, granting exclusive rights to explore for gold and precious minerals [2]. Group 2: Environmental Considerations - Comprehensive environmental baseline studies have been conducted over the past two years to ensure effective project design and regulatory compliance, supporting the preparation of an Environmental Social Impact Assessment (ESIA) [3]. - The project area is not designated as a priority conservation site and does not overlap with any protected or Indigenous lands, indicating a favorable environmental context for development [3]. Group 3: Industry Context - Guyana has been recognized as a top ten jurisdiction globally for mining investment, reflecting the country's supportive stance towards the gold mining industry and foreign investment [2]. - G2 Goldfields has a history of discovering and developing significant gold deposits in Guyana, with the Oko Gold Project being the second multi-million ounce gold mine developed by the company in the last twenty years [2]. Group 4: Mineral Resource Estimates - An Updated Mineral Resource Estimate (MRE) for the Oko property was announced in March 2025, detailing significant resources across various zones, including 808,000 ounces Au indicated at 7.98 g/t Au and 1,024,500 ounces Au inferred at 2.64 g/t Au [5][6][7]. - The MRE was prepared by Micon International Limited and has an effective date of March 1, 2025, showcasing the ongoing exploration potential of the Oko district [7].

Core Insights - G2 Goldfields Inc. has announced new assay results from its ongoing drilling program in the greater OKO-AREMU district, Guyana, highlighting the discovery of significant gold mineralization [1][19] - The New Oko Discovery Area represents the third major gold discovery on the company's holdings, with exploration rights covering 83,967 acres [1] - The company is actively drilling with five rigs in the Discovery Area, aiming to advance exploration and update its mineral resource estimate and preliminary economic assessment by Q4 2025 [7][19] Drilling Program Details - A total of 69 diamond drill holes have been completed, totaling 13,239 meters, with 25 holes reported in this release covering 4,113 meters [4] - Significant high-grade gold intersections were reported, including 5.9 g/t Au over 60 meters in hole AMD30 and 2.2 g/t Au over 99.9 meters in hole AMD50 [7][19] - The drilling primarily targets gold mineralization down-plunge of previously reported near-surface intercepts, with broad zones of mineralization encountered at depths of up to 150 meters [9][12] Mineral Resource Estimates - The company anticipates an updated mineral resource estimate and preliminary economic assessment in Q4 2025, which will be the fourth resource estimate in three years [19] - The previous updated mineral resource estimate for the Oko property indicated a total of 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au [1][22] - The Oko district has a history of gold production and continues to show significant exploration potential [22]

Secures two new large European investorsUpdated Mineral Resource Estimate (MRE) anticipated in early Q4/25Preliminary Economic Assessment (PEA) anticipated in Q4/25Update on Proposed G3 Spin-Out TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) would like to provide further details on recent trading activity in the Company’s common shares, as well as provide a general corporate update on near-term catalysts and deliverables. Recent Trading Activ ...

Figure 3 – Oblique View of New Oko District Discovery Figure 2 – Long Section of New Oko District Discovery Figure 1 – Oko-Aremu & Puruni Districts, Guyana Figure 3 – Oblique View of New Oko District Discovery Figure 2 – Long Section of New Oko District Discovery Figure 1 – Oko-Aremu & Puruni Districts, Guyana TORONTO, June 09, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) announces new assay results from the Company's ongoing drilling program in the greater O ...

Core Insights - G2 Goldfields Inc. announced significant diamond drilling results indicating substantial near-surface gold mineralization at the Peters Mine Property in Guyana [1][2][11] - The Peters Mine Property is part of a larger portfolio in the Oko-Aremu-Peters Mine district, located approximately 35 km from the flagship OKO property, which has substantial mineral resources [2][20] Historical Context - The Peters Mine was discovered in 1902 and began operations in 1905, producing 41,915 ounces of gold primarily from shallow underground workings [5] - Historical exploration efforts include airborne geophysical work in the 1960s and various drilling programs by different companies from 1965 to 2003 [5][13] Geological Overview - Gold mineralization at the Peters Mine is associated with quartz veins and stockworks within steeply plunging fold structures, with five documented gold target areas along the Mango Trend Deformation Zone [6][11] - The property has seen less than 20,000 meters of drilling historically, indicating significant unexplored potential [6] Recent Drilling Results - The recent drilling program aimed to gather geological and structural information, with notable results including: - Hole PDD1: 76 meters at 1.5 g/t Au, with a high-grade interval of 16.5 meters at 5.0 g/t Au [8][11] - Hole PDD5: 3 meters at 12.5 g/t Au from 147 meters downhole [15] - Overall, the results demonstrate considerable potential for further exploration in the Peters Mine district [11][15] Future Plans - G2 Goldfields is planning a significant drill program for the Peters Mine district to further explore the identified gold targets [15][18]

TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX: GTWO; OTCQX: GUYGF) provides further information on the Company's ongoing diamond drilling and exploration initiatives in the greater Oko-Aremu District, Guyana. G2 currently holds exploration rights to 83,967 acres in the district which includes the Oko-Ghanie deposits hosting 1.5 million ounces of gold averaging 3.40 g/t Au (Indicated) and 1.6 million ounces of gold averaging 2.48 g/t Au (Inferred). New Gold Disco ...