LONDON, UNITED KINGDOM--(Marketwire - Nov. 11, 2010) - GGG Resources plc ("GGG" or the "Company") (LSE:GGG) is pleased to announce that it has conditionally placed 63,829,781 new ordinary shares (the "Placing Shares") at a price of 11.75 pence per share to raise gross proceeds of £7.5 million (the "Placing").