GGL GGL Resources Corp

NOT FOR DISSEMINATION IN THE UNITED STATES

Raymond A. Hrkac, President and CEO of GGL Diamond Corp. (TSX VENTURE:GGL)
("GGL") announces that GGL intends to extend by thirty days the financing to
raise up to $1,400,000 by way of a non-brokered private placement. To date
1,776,000 non-flow-through units have been sold. A combination of flow-through
units at a price of $0.06, (changed from $0.08), per unit and non flow-through
units at a price of $0.06 per unit will be sold. Each flow-through unit will
consist of one flow-through common share and one half of one non-transferable
non flow-through warrant. Each whole warrant will entitle the holder to purchase
one non flow-through common share for one year from the closing date at $0.10
per share.


Each non flow-through unit will consist of one non flow-through common share and
one half of one non-transferable common share purchase warrant. Each whole
warrant will entitle the holder to purchase one non flow-through common share
for three years from the closing date at $0.10 per share in the first year,
$0.20 per share in the second year and $0.30 per share in the third year.


If GGL's common shares trade on the TSX Venture Exchange at a closing price
greater than $0.50 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. GGL may pay a finder's fee to eligible finders of purchasers of units.
Such fees will be paid in non flow-through common shares.


The proceeds from the sale of the units will be used for trenching, sampling and
drilling of the PGB gold areas, exploration on the McConnell property, 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 2009 tax year. The private placement is subject to acceptance
for filing by the TSX Venture Exchange.


GGL DIAMOND CORP.

Raymond A. Hrkac, President & CEO

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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