G4G Resources Delays Private Placement Financing
G4G RESOURCES DELAYS PRIVATE PLACEMENT FINANCING
Vancouver, B.C., Tuesday, December 2nd, 2008 -- G4G Resources Ltd. (TSX-V: GXG) (“G4G”) announced today to delay plans to complete a non-brokered private placement announced on September 22, 2008. The delay is based on the current economic climate and financial markets which have affected the availability of funds from potential investors. G4G plans to complete the non-brokered private placement at a later date.
About G4G Resources
For additional information on G4G Resources Ltd., please visit the company’s website at www.g4gresources.com.
About Alternative Fuels Corporation
For additional information on Alternative Fuels Corporation, please visit www.alternativefuelscorp.com.
Forward-Looking Statement
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company’s 2007 Annual Report filed with SEDAR on April 23, 2008.
For more information contact:
Basil Botha, President and CEO
G4G Resources Ltd.
Tel: 604-602-9868
Email: