GPM METALS CLOSES SALE OF GUYANA PROPERTIES

TORONTO, March 31, 2015 – GPM Metals Inc. (“GPM”  or the “Company”) announces it has completed the previously announced sale of its Guyana exploration properties to Bartica Investments Ltd. (“Bartica”) effective March 30, 2015.  As consideration for the sale, the Company is entitled to an aggregate cash payment of $650,000, of which $350,000 was paid at closing and the balance is payable on or prior to the first anniversary of closing.  The sale is a non-arms length transaction as Mr. Patrick Sheridan is both an officer and director of the Company, as well as a significant shareholder of Bartica.

For further information, please refer to the details of transaction previously disclosed in a news release of GPM dated June 13, 2014, available on SEDAR at www.sedar.com.

 

For further information contact:

GPM Metals Inc.

Suite 301

141 Adelaide Street West

Toronto, Ontario M5H 3L5

Attn: John Patrick Sheridan, CEO

Tel: (416) 628-5904

Fax: (416) 628-6835

E-mail: info@gpmmetals.ca

Neither 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 or accuracy of this release.