GFM Resources Limited GFM.H

GFM Resources Limited (the "Company") (TSXV: GFM.H) announces that it has agreed to sell its wholly owned subsidiary, GFM Resources de Mexico, S.A. de C.V. (the "Subsidiary") to Compañía Minera Autlan, S.A.B. de C.V. (the "Purchaser") for a total purchase price of $427,284 in cash (the "Transaction"). Closing of the Transaction is subject to the approval of the TSX Venture Exchange.