AFC Avenue Financial (Tier2)

G4G Resources Ltd ("G4G" or the "Company") (TSX VENTURE:GXG), is pleased to
announce that it has entered into an agreement with AlterNRG Ltd. of Alberta
("AlterNRG"), whereby G4G has agreed to assign to AlterNRG all of its rights and
interests in its Sarnia-Lambton synthetic fuels project. 


G4G, through its wholly owned subsidiary, Alternative Fuels Corporation ("AFC")
has been exploring the conversion of various streams of waste into synthetic
fuels via the Fischer Tropsch process since August 2008. 


AlterNRG, the manufacturer of Westinghouse gasification systems, is acquiring
all of G4G's interests in this project and will leverage the relationships,
documentation and business plans developed by AFC over the last 18 months.


AlterNRG initially plans to focus on waste to energy in the Sarnia-Lambton
region. Many of the industrial plants in the area are actively looking for
sources of "green power". In 2011, the coal fired Lambton Power Station will be
shutting down, further increasing the need for power in the area. 


Basil Botha, President and CEO of G4G Resources stated, "Although there is a
very real opportunity for businesses with the right technology to convert
Ontario's abundant streams of waste into valuable energy products like liquid
fuels and electricity, historically we are a resources business and
strategically this area is where we have made a decision to focus our efforts
for the foreseeable future."


The following are the terms of the agreement between G4G and Alter NRG:



--  AlterNRG will acquire all of G4G's rights and interests in the Sarnia-
    Lambton synthetic fuels project. 
--  Payment is in the form of 10 year royalty agreement, where G4G will earn
    a 1% royalty on future electricity sales up to a maximum of $2,000,000. 
--  G4G is restricted from entering the waste to energy market in Sarnia
    Lambton for a period of 1 year. 
--  The royalties are fully assignable.  



Investors are cautioned that, except as disclosed in the management information
circular and/or filing statement to be prepared in connection with the
transaction, any information released or received with respect to the
transaction may not be accurate or complete and should not be relied upon.
Trading in the securities of the Company should be considered highly
speculative. 


The TSX Venture Exchange has in no way passed upon the merits of the transaction
and has neither approved nor disapproved the contents of this press release. 


About G4G Resources Ltd. 

G4G Resources Ltd. is a Canadian-based mineral exploration and development
company primarily focused on resource projects in the Americas. 


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 2009 year end
audited financial statements filed with SEDAR on April 30, 2010.

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