GPM Metals Inc. is pleased to announce a non-brokered private placement of up to 8,333,333 units of the Company at a price of C$0.06 per Unit for aggregate gross proceeds of up to approximately C$500,000 . Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of C$0.10 for a period of 24 months from the closing of the Offering. The proceeds of the Offering will be used by the [...]
Executive Transitioning As GPM Metals Inc. makes the transition from an access and permission focus to exploration, Chairman, Dan Noone, on behalf of the Board of Directors, wishes to welcome John Tait as GPM's new Chief Executive Officer and to our Board of Directors. Mr. Tait has been involved in mining exploration for over 25 years, highlighted by being President of Southern Star Resources, prior to becoming Gold Eagle [...]
GPM Metals Inc. is pleased to announce that on September 4, 2024, it closed the previously announced non-brokered private placement of 41,666,668 units of the Company at a price of C$0.06 per Unit for aggregate gross proceeds of approximately C$2.5 million . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant entitles the holder thereof to [...]
GPM Metals Inc. is pleased to announce that it has selected DDH1 Drilling Pty Ltd as the drilling contractor for its Walker Gossan Project. GPM plans to complete a 3,000 m drill program to test several large, coincident, gravity, radiometric and geochemical anomalies, which are indicative of the giant polymetallic gossan systems located on the Eastern Australian Cratonic Edge such as MacArthur River, Century and Mount [...]
GPM Metals Inc. is pleased to announce an upsize to its previously announced non-brokered private placement to up to 41,666,668 units of the Company at a price of C$0.06 per Unit for aggregate gross proceeds of up to approximately C$2,500,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to acquire [...]
GPM Metals Inc. is pleased to announce a non-brokered private placement of up to 36,666,667 units of the Company at a price of C$0.06 per Unit for aggregate gross proceeds of up to approximately C$2,200,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to acquire one common share of the Company at [...]
GPM Metals Inc. last week presented the 2024/2025 exploration work program to Traditional Landowners at a meeting convened by the Northern Land Council. We are pleased to announce that the Traditional Owners have approved this program which includes on ground works and a diamond drilling program of up to 30 holes. We thank the Northern Land Council for facilitating this meeting and the Traditional Owners for their time [...]
GPM Metals Inc. provides an update to its Walker Gossan Project, Arnhem Land, Australia. GPM is pleased to announce that it has finalized a planned exploration program for 2024-25 on the Walker Gossan project. The work plan covers EL24305 and EL385. This plan is based on previous exploration activities in 2016 as well as the Aerial Gravity Gradiometric survey completed in 2023 . Full AGG results can be found on GEMIS at [...]
GPM Metals Inc. announces that it has granted 1,300,000 options to an officer of the Company, with such options being exercisable at a price of $0.10 per share until June 26, 2027. The options vest as to 25% immediately and 25% after 6, 12 and 18 months respectively from the date of grant. The grant of options is subject to the approval and requirements of the TSX Venture Exchange. For further information contact: GPM [...]
GPM Metals Inc. wishes to correct the disclosure in its previous press release dated July 20, 2024 with respect to its recently concluded a Sale and Purchase Agreement with RTX that will replace the current Farm-in Agreement. The Prior Release contained an error with respect to a payment contingent upon the earlier of the definition of a JORC Code compliant measured plus indicated Mineral Resource of greater than 20 [...]
GPM Metals Inc. provides an update in relation to its Walker Gossan Project, Arnhem Land, Australia, in which GPM has been earning a majority interest pursuant to a Farm-in Agreement with Rio Tinto Exploration Pty Limited . GPM is pleased to announce that it has recently concluded a Sale and Purchase Agreement with RTX that will replace the current Farm-in Agreement. Pursuant to the Sale and Purchase Agreement, the [...]
GPM Metals Inc. provides an update to its Walker Gossan Project, Arnhem Land, Australia. GPM is pleased to announce that it has recently completed an Airborne Gravity Gradiometry Survey over the Walker Gossan Project. The survey cost of $270,000 has been partially offset by a $100,000 grant under the Geophysics Collaboration Program conducted by the Northern Territory Department of Industry, Tourism and Trade. We thank [...]