G4G Resources Ltd.
TSX VENTURE : GXG

G4G Resources Ltd.

July 10, 2008 13:02 ET

G4G Resources Strengthens Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 10, 2008) - G4G Resources Ltd. (TSX VENTURE:GXG) is pleased to announce that Mr. Basil Botha has joined the Board of Directors and has assumed the position as President & CEO. Mr. Botha has more than 30 years of experience in the exploration and mining industry, including executive positions in mergers and acquisitions, finance, operations and marketing.

Mr. Botha's appointment is part of a realignment of the corporate structure in which Peter Arendt, who was formerly President and CEO, has assumed the position of Chief Operational Officer in order to focus on the development of the Company's various operational programs and initiatives. Mr. Arendt remains on the Board of Directors.

"G4G is pleased to have Mr. Botha join the Company as a Director and President & CEO as we enter an exciting phase of strategic development," stated Tony Wonnacott, Chairman of G4G Resources Ltd. "I also want to acknowledge the contribution that Peter Arendt has made to date, and am pleased that he remains with the Company in an executive leadership role to advance our various projects and initiatives. The experience that these individuals bring to G4G Resources will prove to be invaluable as the company develops its projects in Sweden with TCL Sweden Ltd. and joint ventures with Iron Mineral Beneficiation Services (Pty) Ltd. (IMBS), as well as other strategic partnerships."

About G4G Resources

G4G Resources is a Canadian-based mineral exploration and development company focused on iron ore and iron production projects. On March 31, 2008, the Company announced the signing of an agreement with TCL Sweden Ltd., a wholly owned subsidiary of Teck Cominco Limited, for G4G to option eight mineral properties in the Norrbotten iron ore mining district of Sweden. On July 7, 2008, the Company announced a joint venture with Iron Mineral Beneficiation Services (Pty) Ltd. (IMBS) to establish a joint venture to utilize Finesmelt™ technology, a process which converts iron ore fines into high quality iron units. Additionally, G4G is evaluating a number of other strategic partnerships and growth opportunities to create and enhance shareholder value.

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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