GGL Resources Corp. Announces Receipt of Upfront Cash Payment and Shares from Nelson Resources Limited and Adoption of Semi-Annual Reporting

VANCOUVER, BC / ACCESS Newswire / May 28, 2026 / GGL Resources Corp. (TSXV:GGL) ("GGL" or the "Company") is pleased to announce that it has received a cash payment of $263,512 (US$191,617) from ASX - listed Nelson Resources Limited ("NES"); the issue of 46,428,571 NES shares ("Consideration Shares") equivalent to a value of $319,703 (AUD$325,000) at a deemed issue price equal to the 20-day volume weighted average price ("VWAP") of the shares trading on the ASX immediately prior to the date of the binding documentation which are subject to voluntary escrow until May 18, 2027; and the issue of 1,094,166,666 Performance Rights which vest in two tranches subject to meeting certain conditions. This payment is in exchange for an initial 25% interest in GGL's high-grade, gold-silver Gold Point Project located in the Walker Lane District, Nevada.