GPM METALS INC. ANNOUNCES CANCELLATION OF STOCK OPTIONS

TORONTO, January 13, 2015 – GPM Metals Inc. (“GPM” or  the   “Company“) (TSXV:GPM),

The Company announces that it has cancelled 2,875,000 incentive

stock options previously granted to directors, officers, consultants

and employees of the Company. 2,625,000 options had an exercise

price of $0.36 and an expiry date of January 28, 2016 and 250,000

options had an exercise price of $0.48 and an expiry date of April

28, 2016.

For further information contact:

 

GPM Metals Inc.

Suite 301

141 Adelaide Street West

Toronto, Ontario M5H 3L5

Attn: J. Patrick Sheridan

Tel: (416) 628-5904

Fax: (416) 628-6835

E-mail: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release