GGL Resources Corp.: Closing of First Tranche of the Non-Brokered Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES

Raymond A. Hrkac, President and CEO of GGL Resources Corp. (TSX VENTURE:GGL)
announces that GGL has had an initial closing of its non-brokered private
placement originally announced on August 4, 2011. A combination of flow-through
units and non-flow-through units each at a price of $0.05 per unit will be sold.


In the initial closing, 900,000 flow-through units at $0.05 per unit were placed
for gross proceeds of $45,000 and 700,000 non-flow-through units at $0.05 per
unit were placed for gross proceeds of $35,000. Each flow-through unit consists
of one flow-through common share and one non-transferable non flow-through
warrant. Each warrant will entitle the holder to purchase one non flow-through
common share until September 20, 2014 at $0.10 per share. Each non flow-through
unit consists of one non flow-through common share and one non-transferable
common share purchase warrant. Each warrant will entitle the holder to purchase
one non flow-through common share until September 20, 2014 at $0.10 per share.
The securities for this initial closing have a hold period until January 21,
2012.


Of the $1 million to be raised from the financing with Emerick $500,000 of the
proceeds will be spent by GGL on a work program on the McConnell Creek Property
and a maximum of $250,000 towards payment of current accounts payable with the
balance allocated for ongoing working capital.


The balance of the proceeds from the sale of the units will be used for general
exploration work and for general corporate purposes. The proceeds from the sale
of the flow-through shares will be used to incur Canadian Exploration Expense
("CEE"), as defined in the Income Tax Act (Canada). GGL will renounce such CEE
to the subscribers effective for the 2011 tax year. Future closings of the
private placement are subject to acceptance for filing by the TSX Venture
Exchange.


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.

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