GGL Resources Corp. Receives Payment from Nelson Resources and Adopts Semi-Annual Reporting

GGL Resources Corp. has announced receipt of a cash payment of $263,512 from Nelson Resources Limited. Additionally, GGL has secured 46,428,571 shares valued at AUD$325,000 and 1,094,166,666 Performance Rights, under voluntary escrow until May 2027. This transaction grants Nelson Resources an initial 25% interest in GGL's Gold Point Project in Nevada, with potential to acquire up to 90% interest.

GGL has also aligned with Coordinated Blanket Order 51-933, transitioning to semi-annual reporting to decrease administrative burdens. This shift exempts GGL from filing interim financial reports for certain quarters, maintaining focus on key disclosures as needed.