TORONTO, April 9, 2021 – G2 Goldfields Inc. (“G2” or the “Company”) (TSXV:GTWO; OTCQX:GUYGF) and S2 Minerals Inc. (“S2”) are pleased to announce that the previously announced spin-out of the Company’s Sandy Lake project into a wholly-owned subsidiary of the Company, S2, by a Plan of Arrangement under the Canada Business Corporations Act (the “Arrangement”) has been completed. The Arrangement was effective at 12:01 a.m. (Toronto time) on April 9, 2021 (the “Effective Date”).

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