GFG GFG Resources Inc

egX Group (TSX VENTURE:GFG), announces that it plans to complete, subject to the
approval of the TSX-V, a non-brokered private placement of up to 10,000,000
units of the Company at a price of $0.15 per unit for total gross proceeds of
$1,500,000.


Each unit consists of one common share and one non-transferable share purchase
warrant entitling the holder to purchase one additional common share of the
Company at a price of $0.25 per share for a period of 12 months from the date of
closing, subject to acceleration on the occurrence of certain events. The
proceeds of the private placement will be used for the continuing deployment of
egX Canada and ongoing operations. A finder's fee may be payable in accordance
with the policies of the TSX-V.


The Company also announces that it intends to settle approximately $143,060 in
outstanding indebtedness through the issuance of up to 956,738 shares at a
deemed price of $0.15 cents per share. The shares will be subject to a hold
period of four months from the date of issuance. The issuance of the shares is
subject to the approval of the TSX-V.


About egX Group

egX Group is developing the egX, a global securities marketplace designed for
the listing and trading of real estate and related financial products. The
Company is preparing to launch its first marketplace in Canada under egX Canada,
a wholly-owned subsidiary of egX Group. To achieve global presence and to
penetrate international markets under the egX brand, egX Group is partnering
with interested parties established in the key international financial centers
in Europe, the Middle East, the Asia-Pacific region, and the Americas.
Additional information, including the Company's business plan is made available
at www.egXWorld.com.

GFG Resources (TSXV:GFG)
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