GPM Metals Announces Closing of Private Placement

July 26, 2022 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM ) announces that it has closed a non-brokered the “Offering”) pursuant
to which it has issued an aggregate of 4,912,500 units (“Units”) at a price of $0.08 to raise gross
aggregate proceeds of $393,000.00.

Each Unit consists of one common share of the Company (a “Share”) and one half share purchase warrant (each whole such warrant, a ‘Warrant”). Each Warrant will entitle the holder to purchase one additional share at an exercise price of $0.10 for a period of 36 months.

Insiders of the Company subscribed for an aggregate of 2,600,000 Units in the Offering.
The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101”). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

All proceeds from the Offering shall be available immediately to the Company and used for property interests and general corporate purposes.

All of the securities issued and issuable in the Offering are subject to a statutory hold period expiring on November 27, 2022.

The Offering remains subject to the receipt of applicable final regulatory approvals.
For further information please contact:

 

Peter Walsh
Chief Executive Officer,
GPM Metals Inc.

GPM Metals Announces Private Placement

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

 

 

June 23, 2022 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM ) announces a non-brokered private placement (the “Offering“) pursuant to which it will issue up to 6,250,000 units (Units) at a price of $ 0.08 each to raise aggregate gross proceeds up to $500,000.00

Each Unit will consist of one common share of the Company (a “Share”) and one half share purchase warrant (each whole such warrant, a ‘Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share of the Company at a price of $ 0.10 per Common Share for a period of 36 months from relevant closing date.

All proceeds from the sale of the Units pursuant to the Offering shall be immediately available to the Company.

Insiders of the Company may subscribe for up to 5,000,000 Units in the Offering.

The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

The Offering is currently scheduled to close on or about July 22, 2022 and remains subject to the receipt of all applicable regulatory approvals.

For further information please contact:

Dan Noone, Executive Chairman

GPM Metals Inc.

Suite 1101- 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone: + 416 628 5904

Email:     [email protected]

GPM METALS PROVIDES AN UPDATE ON THE WALKER GOSSAN PROJECT AFFECTED BY THE COVID RESTRICTIONS IN NORTHERN TERRITORY, AUSTRALIA

Toronto – February 14, 2022 – GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”)  provides an update from the Northern Land Council.

The Northern Land Council (NLC) recently announced that all meetings scheduled by the NLC will be postponed until further notice. The Covid pandemic has arrived in the Northern Territory and the NLC has taken a cautious approach and has suspended all NLC meetings until the COVID-19 situation stabilises.

GPM Metals supports the decision by the NLC, and for its part the Northern Land Council has indicated that when the suspension is lifted, they will endeavour to get back to normal as soon as possible.

GPM Metals had planned to complete approved work programs on 3 separate tenements and finalise access to a new area on ELA 30956 during the second half of 2022. The suspension of meetings by the NLC is likely to impact our proposed timing of these activities.

At this point we are ready to launch our field work programs during the second half of 2022, but we respect the need to ensure the safety of the Traditional Land Owners and the staff of the NLC in relation to the COVID-19 pandemic.

The moment the Territory is open for business the Company will resume our program.

About GPM Metals Inc.

GPM Metals is a zinc focused exploration company with offices in Toronto.

The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited.

The Walker Gossan exploration properties have considerable potential to host significant zinc resources.

All scientific and technical information in this press release has been prepared under the supervision of Dan Noone, (Chairman of GPM), a “qualified person” within the meaning of National Instrument 43-101. Mr. Noone (B.Sc Geology, MBA) is a member of the Australian Institute of Geoscientists.

 

CONTACT INFORMATION

For further information contact:
GPM Metals Inc.
Peter Walsh, CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

 

Forward Looking Statements

This news release contains certain forward-looking information and statements
within the meaning of applicable securities laws. The use of any of the words
“expect”, “anticipate”, “continue”, “estimate”, “may”, “might”, “will”,
“project”, “should”, “believe”, “plans”, “intends” and similar expressions are
intended to identify forward-looking information and/or statements.
Forward-looking statements and/or information are based on a number of
material factors, expectations and/or assumptions of GPM which have been used
to develop such statements and/or information but which may prove to be
incorrect. Although GPM believes that the expectations reflected in such
forward-looking statements and/or information are reasonable, undue reliance
should not be placed on forward-looking statements as GPM can give no
assurance that such expectations will prove to be correct. In addition to
other factors and assumptions which may be identified herein, assumptions have
been made regarding, among other things: results from planned exploration and
drilling activities; GPM’s future plans for operational expenditures; the
accuracy of the interpretations of exploration and drilling activity results;
availability of financing to fund current and future plans and expenditures;
the impact of increasing competition; the general stability of the economic
and political environment in which GPM has property interests; the general
continuance of current industry conditions; aboriginal matters; the timely
receipt of any required regulatory approvals; the ability of GPM to obtain
qualified staff, equipment and/or services in a timely and cost efficient
manner; the ability of the operator of each project in which GPM has property
interests to operate in a safe, efficient and/or effective manner and to
fulfill its respective obligations and current plans; future commodity prices;
currency, exchange and/or interest rates; and the regulatory framework
regarding royalties, taxes and/or environmental matters in the jurisdictions
in which GPM has property interests. The forward-looking information and
statements included in this news release are not guarantees of future
performance and should not be unduly relied upon. Such information and/or
statements, including the assumptions made in respect thereof, involve known
and unknown risks, uncertainties and other factors that may cause actual
results and/or events to differ materially from those anticipated in such
forward-looking information and/or statements including, without limitation:
risks associated with the uncertainty of exploration results and estimates,
currency fluctuations, the uncertainty of conducting operations under a
foreign regime, exploration risk, the uncertainty of obtaining all applicable
regulatory approvals, the availability of labour and/or equipment, the
fluctuating prices of commodities, the availability of financing and GPM’s
dependence on its management personnel, other participants in the property
areas and/or certain other risks detailed from time-to-time in GPM’s public
disclosure documents, (including, without limitation, those risks identified
in this news release and GPM’s current management’s discussion and analysis).
Furthermore, the forward-looking statements contained in this news release are
made as at the date of this news release and the Company does not undertake
any obligations to publicly update and/or revise any of the included
forward-looking statements, whether as a result of additional information,
future events and/or otherwise, except as may be required by applicable
securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy and / or accuracy of this release.

GPM METALS ANNOUNCES RESIGNATION OF DIRECTOR

Toronto – February 9, 2022 – GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”)  announces that Mr. Craig Parry has resigned as a director of the Company, effectively immediately, so that he can focus his efforts on other professional commitments.

GPM would like to thank Craig for his three years of service and acknowledge his valuable contribution to the Board.

The Directors wish to thank Mr. Parry for his contributions to the Company.

About GPM Metals Inc.

GPM Metals is a zinc focused exploration company with offices in Toronto and Brisbane.

The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited.

The Walker Gossan exploration properties have considerable potential to host significant zinc resources.

All scientific and technical information in this press release has been prepared under the supervision of Dan Noone, (Chairman of GPM), a “qualified person” within the meaning of National Instrument 43-101. Mr. Noone (B.Sc Geology, MBA) is a member of the Australian Institute of Geoscientists.

CONTACT INFORMATION

For further information contact:
GPM Metals Inc.
Peter Walsh, CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

GPM Metals Announces Closing of Private Placement

November 5, 2021 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM ) announces that it has closed a non-brokered private placement (the “Offering“) pursuant to which it has issued an aggregate of 3,000,000 units (“Units”) at a price of $0.10 to raise gross aggregate proceeds of $300,000.00.

Each Unit consists of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”), with each warrant entitling the holder thereof to acquire one additional share at an exercise price of $0.15 for a period of 36 months.

Insiders of the Company subscribed for an aggregate of 2,500,000 Units  in the Offering.

The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

All proceeds from the Offering shall be immediately to the Company and used for property interests and general corporate purposes.

All of the securities issued and issuable in the Offering are subject to a statutory hold period expiring on March 6, 2022.

The Offering remains subject to the receipt of applicable final regulatory approvals.

 

For further information please contact:


Peter Walsh
Chief Executive Officer,
GPM Metals Inc.
Suite 1101, 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone: + 416 628 5904
Email: [email protected]

GPM Metals Announces a non-Brokered Private Placement Pursuant

October 13, 2021 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSX VENTURE:GPM ) announces a non-brokered private placement (the “Offering“) pursuant to which it will issue up to 3,000,000 units (“Units“)  at a price of $0.10 each to raise aggregate gross proceeds of up to $300,000.00

Each Unit will consist of one common share of the Company (a “Share“) and one share purchase warrant (a “Warrant“), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of $0.15 for a period of 36 months.

All proceeds from the sale of Units pursuant to the Offering shall be immediately available to the Company.

Insiders of the Company may subscribe for up to 3,000,000 Units in the Offering.

The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

The Offering is currently scheduled to close on or about October 29, 2021 and remains subject to the receipt of all applicable regulatory approvals.

For further information please contact:

 


GPM Metals Inc.
Dan Noone, Chairman
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

GPM Metals Announces Appointment of Peter Walsh as Chief Executive Officer and grant of options

TORONTO, June 3, 2021 (Toronto, Ontario) GPM Metals Inc (“GPM or the Company”). (TSXV:GPM)  announces the appointment of Peter Walsh as Chief Executive Officer and Director.

 

Dan Noone, Chairman of the Board, commented: “On behalf of the Board of GPM, I am very pleased to welcome Peter as CEO and Director.  Peter brings a wealth of Australian Government and Private Sector experience that will be instrumental in helping GPM move forward with our Walker Gossan Project.  In addition, Peter will be relocating to Brisbane, to ensure our leadership will be on the ground in Australia, closer to our industry, government and community partners.”

 

Peter Walsh, Chief Executive Officer, commented: “I am very excited to join GPM at an important crossroads in their history and look forward to working with the parties involved to help move the Walker Gossan project forward.”

 

Peter Walsh has worked in senior ministerial advisory roles at both the Australian Federal and State levels as well as in the commercial sector.  In particular, Peter was instrumental in the government consideration and delivery of major infrastructure projects including: the Melbourne to Brisbane Inland Rail project, the Toowoomba Second Range Crossing and the Roads to Recovery Program.

 

The Company also announces that it has granted to Peter Walsh the amount of 1,300,000 options being exercisable at a price of $0.10 per share until June 1, 2026. The options vest in accordance with the stock option plan of the Company.



About GPM Metals Inc.

GPM Metals Inc. is a zinc focused exploration company with offices in Toronto and
Brisbane. The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited.


For further information contact:


GPM Metals Inc.
Dan Noone, Chairman
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

GPM Metals Announces Closing of Private Placement

February 11, 2021 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM ) announces that it has closed a non-brokered private placement (the “Offering“) pursuant to which it has issued an aggregate of 2,000,000 special warrants (“Special Warrants“) at a price of $0.05 per Special Warrant and 3,000,000 units (“Units”) at a price of $0.05 to raise gross aggregate proceeds of $250,000.00.

 

Each Unit consists of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”), with each warrant entitling the holder thereof to acquire one additional share at an exercise price of $0.10 for a period of 60 months.

 

In connection with Offering, the Company paid a cash commission of $1,000.00 to an eligible registrant.

 

Rosseau Asset Management has purchased 2,000,000 Special Warrants in the Offering. Each Special Warrant will automatically convert into one Unit without any additional payment or action by the Holder on the date upon which the Company receives shareholder for Rosseau Asset Management and associates to become “control persons “ of the Company (within meaning of the regulations of the TSX Venture Exchange). The Company proposes to seek such shareholder approval at its next annual meeting of shareholders. In the event that such shareholder approval is not approved at the Company’s next annual shareholders meeting, the Special Warrants shall automatically convert into a loan repayable to Rosseau Asset Management on demand.

 

Insiders of the Company subscribed for an aggregate of 2,700,000 Units and 2,000,000 Special Warrants in the Offering. 

 

The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

 

All proceeds from the Offering shall be immediately to the Company and used for property interests and general corporate purposes.

 

All of the securities issued and issuable in the Offering are subject to a statutory hold period expiring on June 11, 2021.

 

The Offering remains subject to the receipt of applicable final regulatory approvals.

 

For further information please contact:

 

Dan Noone

Interim Chief Executive Officer,

GPM Metals Inc.

Suite 1101, 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone: + 416 628 5904

Email: [email protected]

 

GPM Metals announces private placement

January 19, 2021 (Toronto, Ontario) GPM Metals Inc. (“GPM” or the “Company“) (TSX VENTURE:GPM ) announces a non-brokered private placement (the “Offering“) pursuant to which it will issue up to 5,000,000 units (“Units“) and/or special warrants (“Special Warrants“) at a price of $0.05 each to raise aggregate gross proceeds of up to $250,000.00

Each Unit will consist of one common share of the Company (a “Share“) and one share purchase warrant (a “Warrant“), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of $0.10 for a period of 60 months.

Rosseau Asset Management has indicated that they will purchase 2,000,000 Units in the Offering. To the extent that such acquisition would result in the holdings of Rosseau Asset Management exceeding 20% or more of the outstanding Shares of the Company (as calculated on a partially diluted basis, assuming conversion of all convertible securities of the Company held by such persons), the number of Units to be purchased by Rosseau Asset Management will be reduced accordingly so as not to exceed such threshold, and the balance of the Rosseau Asset Management investment will be comprised of Special Warrants. Each Special Warrant will automatically convert into one Unit without any additional payment or action by the holder on the date upon which the Company receives shareholder approval for Rosseau Asset Management to become “control persons” of the Company (within the meaning of the regulations of the TSX Venture Exchange). The Company proposes to seek such shareholder approval at its next annual meeting of shareholders, by ordinary resolution of the disinterested shareholders. In the event that such shareholder approval is not approved at the Company’s next annual shareholders meeting, the Special Warrants shall automatically convert into a loan repayable to Rosseau Asset Management on demand.

All proceeds from the sale of both Units and Special Warrants pursuant to the Offering shall be immediately available to the Company.

Insiders of the Company may subscribe for up to 5,000,000 Units in the Offering (subject to adjustment to provide for the alternative issuance of Special Warrants as described above). 

The insider participation will be considered to be related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation.

 

The Offering is currently scheduled to close on or about February 19, 2021 and remains subject to the receipt of all applicable regulatory approvals.

 

About GPM Metals Inc.

GPM Metals is a zinc focused exploration company  with offices in Toronto and Brisbane.

The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited.

The Walker Gossan exploration properties have considerable potential to host significant zinc resources.

CONTACT INFORMATION

For information contact;

GPM Metals Inc.

Dan Noone, Interim CEO

Suite 1101-141 Adelaide Street West,

Toronto, Ontario,

M5H 3L5

Telephone : + 416-628-5904

[email protected]

 

GPM METALS APPLIES TO EXTEND WARRANTS

January 27, 2020 (Toronto, Ontario):  GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM) advises that further to a press release issued earlier today announcing that the Company has applied to the TSX Venture Exchange (the “TSXV”) to extend the term of 5,000,000 common share purchase warrants at an exercise price of $0.20 originally set to expire on February 23, 2020 (the “Warrants”), the extension to the expiry date is February 23, 2022.  The amendment to extend the expiry date of the Warrants to February 23, 2022 is subject to the approval of the TSXV.

 

About GPM Metals Inc.

GPM Metals is a zinc focused exploration company  with offices in Toronto and Brisbane.

The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited.

The Walker Gossan exploration properties have considerable potential to host significant zinc resources.

CONTACT INFORMATION

For information contact;

GPM Metals Inc.

Dan Noone, Interim CEO

Suite 1101-141 Adelaide Street West,

Toronto, Ontario,

M5H 3L5

Telephone : + 416-628-5904

[email protected]