GGL Resources Corp.: Private Placement to Raise Up to $150,000

NOT FOR DISSEMINATION IN THE UNITED STATES

Mr. Raymond A. Hrkac, President and CEO of GGL Resources Corp. (TSX VENTURE:GGL)
("GGL") announces a non-brokered private placement of up to 7,500,000 units at
$0.02 per unit. 


Each unit will consist of one common non flow-through share and one
non-transferable non-flow through warrant. Each warrant will entitle the holder
to purchase one non flow-through common share for five years from the closing
date at $0.05 per share during the first year and at $0.10 per share during
years two to five, subject to meeting the requirements of the TSXV's Temporary
Relief Measures and the Acceleration Event.


If GGL's common shares trade on the TSX Venture Exchange at a closing price
greater than $0.40 per share for twenty consecutive trading days at any time
after four months and one day from the closing date, GGL may accelerate the
expiry of the warrants by giving notice to the holders thereof, and in such case
the warrants will expire on the 30th day after the date on which such notice is
given ("Acceleration Event"). The proceeds from the sale of the non flow-through
units will be used for exploration and general corporate purposes.


The private placement is subject to acceptance for filing by the TSX Venture
Exchange.


About GGL

GGL is a diversified mineral exploration company. GGL holds mineral claims and
leases in the Northwest Territories of Canada ("NT") prospective for gold,
silver, nickel, base metals and diamonds. All of the NT holdings are wholly
owned by GGL, except for the Doyle Diamond Project where De Beers Canada Inc.
has a 60% interest and GGL a 40% carried interest. In British Columbia, Canada,
GGL owns a 100% interest in the McConnell Creek gold and copper-gold Property.


GGL RESOURCES CORP.

Raymond A. Hrkac, President & CEO

Forward-Looking Information: This news release contains "forward-looking
statements" and the cautions regarding such statements apply.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered in the United States Securities Act of 1933, as
amended (the "US Securities Act") or any state securities laws and may not be
offered or sold within the United States or to US Persons unless registered
under the US Securities Act and applicable securities laws or an exemption from
such registration is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GGL Resources Corp.
604.688.0546 or Toll Free: 1.866.688.0546
604.608.9887 (FAX)
[e-mail]
www.gglresourcescorp.com