GGL GGL Resources Corp

NOT FOR DISSEMINATION IN THE UNITED STATES

Mr. Raymond Hrkac, President, GGL Resources Corp. (TSX VENTURE:GGL) ("GGL") is
pleased to announce that the Company has negotiated a private placement with
Emerick Resources Corp. ("Emerick") to raise $1,000,000 by way of issue of 20
million units at a price of $0.05 per unit. Each unit will comprise 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 for three years from the closing date at $0.10 per share.


In addition, GGL intends to raise up to an additional $500,000 by way of a
non-brokered private placement comprising a combination of flow-through and non
flow-through units at a price of $0.05 per unit. Each flow- through unit will
consist 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 for three years from the closing date at $0.10 per
share. Each non flow-through unit will comprise 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 for three years
from the closing date at $0.10 per share.


The proceeds from the sale of flow-through common 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.


The $1 million financing is being done in conjunction with a property option
agreement whereby the Company has granted Emerick the option to acquire a 75%
interest in the Company's Providence Greenstone Belt ("PGB") group of claims.
The option agreement and the private placement are subject to TSX Venture
Exchange approval.


To complete its option Emerick must:



1.  Invest $1 million in GGL by way of a private placement; 
2.  Incur expenditures of $10 million on the PGB claims over 5 years, of
    these expenditures not less than $600,000 will be a commitment to carry
    out an agreed program in 2011 and 2012 designed to advance as many
    targets as possible to a drilling stage and to cover the costs of legal
    surveys required to bring certain claims to lease in 2011 and 2012. Upon
    Emerick having earned the 75% interest in the PGB, the parties will form
    a joint venture with standard JV and dilution provisions. 



In addition while the option agreement is in effect and except with respect to
the assets of GGL that are subject to prior agreements with Rio Tinto
Exploration Canada Inc. and De Beers Canada Inc., which provide for mutual right
to first offer, Emerick will have a right of first offer with respect to all
assets of GGL outside the PGB.


Of the $1 million 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.


Said Mr. Hrkac, President and CEO, "We are extremely pleased to have reached
this agreement with Emerick as it provides the Company with necessary working
capital to explore its other resource properties and will bring a substantial
work program to the PGB claims, where the Company has retained a significant
working interest. We look forward to working with Emerick to advance this
agreement."


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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