GPM Metals announces grant of options

GPM Metals Inc. Announces Grant of Options

TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) — GPM Metals Inc. (“GPM” or the “Company”) (TSXV:GPM) announces that it has granted an aggregate of 3,100,000 options to directors, officers, consultants and an employee of the Company with such options being exercisable at a price of $0.10 per share until December 13, 2022.
The grant of options is subject to regulatory approval.
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 further information contact:
GPM Metals Inc.
Dan Noone, Interim CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416 628-5904
Email: [email protected]

GPM METALS ANNOUNCES APPOINTMENT OF DAN NOONE AS INTERIM CEO

 

Toronto – November 27, 2019 – GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”)  announces the resignation of Peter Mullens as CEO and Director effective immediately.  The Company thanks Mr. Mullens for his services and wishes him well in his future endeavours. Dan Noone, director of the Company has been appointed as Interim CEO.

About GPM Metals Inc.

GPM Metals Inc. is a zinc focused exploration company with offices in Toronto, Brisbane and Lima. The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited; and a 100% claims interest in the Pasco Project, Department of Pasco, Peru.

 

CONTACT INFORMATION

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

 

 

GPM METALS COMPLETES FIELD WORK PROGRAM AND PROVIDES AN UPDATE OF WALKER GOSSAN ZINC PROJECT.

Toronto – October 25, 2019 – GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”)  provides an update to its Walker Gossan Project, Arnhem Land, Australia.

GPM Metals is pleased to announce that the company has completed the field work program on Exploration License (EL) 24305  & 385 that was proposed to the Northern Land Council (NLC) and The Traditional Owners of the land at the meeting held at Gapuwiyak on the 13th May 2019.

GPM personnel mobilized and set a camp at EL 24305 on 10 September 2019 and conducted a two week mapping and sampling program. Peter Mullens, CEO; and Greg Duncan, Australian Manager were both present during this field program. Two community members of  the Local Traditional Landowners were also present as monitors. This work confirmed the belief that GPM during its 2016 drill program drilled into a large iron rich zone within dolomitic sediments which potentially forms the siderite rich outer halo to a large “SEDEX style” base metal deposit.

GPM will further review this field work before planning further field work and discussing the results with the NLC and The Local Traditional landowners.

The Project is the subject of farm-in and joint venture agreement between GPM (and its Australian subsidiary) and Rio Tinto Exploration Pty Limited(“RTX”) executed in January 2014, pursuant to which GPM can earn a 75% interest in the Project through meeting staged exploration expenditure requirements. The Project tenure is held by RTX with GPM acting as the operator and manager of exploration, community relations and title grant (see January 27, 2014 press release of the Company available on SEDAR at www.sedar.com).

Title Deed, Work Program and Exploration License (EL 24305) approval was granted in November 2015 by the NLC after a series of meetings and consultations with the TLO’s and GPM Metals in Numbulwar and Darwin.

The Project lies within one of the great metallogenic provinces of the world, the North Australian Zinc Province (NAZP); which currently provides 30% of the world zinc production from a number of significant silver, lead, zinc deposits;   including the Mt. Isa, George Fisher, McArthur River and Century Mines.

The exploration target is a large, strata bound, sediment hosted lead – zinc deposit. Field work planned for 2019 will consist of geological mapping, geochemical sampling and prospecting with the view of identifying vectors towards the center of the mineralized system. To date GPM geologists believe they previously identified and drilled into the iron rich, siderite, outer halo to potentially a major mineralized strata bound Lead Zinc deposit.

 

 

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 Mullens, CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

 

 

 

 

 

GPM Metals Provides Update on its Previously Completed Non-Brokered Private Placement

TORONTO, August 14, 2019 — GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM) announces that in connection with its non-brokered private placement of 8,000,000 units of the Company at a price of $0.075 per unit for aggregate gross proceeds of $600,000 which was completed on August 9, 2019 (the “Offering”), the Company paid cash commission of $9,835 and issued an aggregate of 109,800 broker warrants to eligible registrants assisting in connection with the Offering, with each such broker warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of $0.10 for a period of 36 months from the closing of the Offering.

All securities issued and issuable pursuant to the Offering are subject to a statutory hold period expiring December 10, 2019. The Offering remains subject to the final approval of the TSX Venture Exchange.

For further information please contact:

Peter Mullens, CEO

GPM Metals Inc.

Suite 1101- 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone: + 416 628 5904

Email: [email protected]

 

GPM Metals Announces Closing of Private Placement to Raise $600,000

TORONTO, August 9, 2019 — GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”), pursuant to which it has issued an aggregate of 8,000,000 units (“Units”) at a price of $0.075 per Unit to raise aggregate gross proceeds of $600,000. Each Unit consists of one common share of the Company (a “Share”) and one Share purchase warrant (a “Warrant”), with each such Warrant exercisable to acquire one additional Share at an exercise price of $0.10 for a period of 36 months from the closing of the Offering. Insiders purchased an aggregate of 4,800,000 Units in the Offering.

In connection with the Offering, the Company paid cash commission of $7,485 and issued an aggregate of 91,800 broker warrants to eligible registrants assisting in connection with the Offering, with each such broker warrant entitling the holder thereof to acquire one Share at an exercise price of $0.10 for a period of 36 months from the closing of the Offering.

All securities issued and issuable pursuant to the Offering are subject to a statutory hold period expiring December 10, 2019. The Offering remains subject to the final approval of the TSXV.

For further information please contact:

Peter Mullens, CEO

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 Increase

TORONTO, July 26, 2019 — GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM) is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing from up to $525,000 to up to $600,000. The Company will now issue up to 8,000,000 units of the Company (“Units”) at a price of $0.075 per Unit for aggregate gross proceeds of up to $600,000.

Each Unit shall consist of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”), with each such Warrant exercisable to acquire one additional Share at an exercise price of $0.10 for a period of 36 months from the closing of the Offering. Insiders of the Company may subscribe for up to 5,100,000 Units in the Offering.

The Offering is currently scheduled to close on or about August 9, 2019. Proceeds of the Offering will be used for exploration expenditures at the Company’s properties, and general corporate purposes. The securities issued pursuant to the Offering will be subject to a statutory four month and one day hold period. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

For further information please contact:

Peter Mullens, CEO

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 Financing

July 18, 2019 (Toronto, Ontario):  GPM Metals Inc. (“GPM” or the “Company“) (TSXV:GPM) is pleased to announce that it proposes to complete a non-brokered private placement (the “Offering”) pursuant to which it will issue up to 7,000,000 units (“Units”) at a price of $0.075 per Unit to raise aggregate gross proceeds of up to $525,000.  Each Unit shall consist of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”), with each such Warrant exercisable to acquire one additional Share at an exercise price of $0.10 for a period of 36 months from the closing of the Offering.  Insiders of the Company may subscribe for up to 4,000,000 Units in the Offering.

The Offering is currently scheduled to close on or about August 9, 2019, proceeds of the Offering will be used for exploration expenditures at the Company’s properties, and general corporate purposes. The securities issued pursuant to the Offering will be subject to a statutory four month and one day hold period. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

For further information please contact:

Peter Mullens, CEO

GPM Metals Inc.

Suite 1101- 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone: + 416 628 5904

Email: [email protected]

 

GPM Metals Inc. Announces Share Consolidation

Toronto – July 9, 2019 – GPM Metals Inc. (TSXV:GPM) (the “Company”) announces that it has filed articles of amendment to consolidate the Company’s issued and outstanding common shares on the basis of one (1) new common share for every two (2) existing common shares (the “Consolidation”), all effective as of July 9, 2019.  Shareholder approval of the Consolidation was obtained at the Company’s annual and special meeting of shareholders held on June 11, 2019.

 

In connection with the Consolidation, the Company has sent letters of transmittal to holders of its common shares for use in transmitting their existing share certificates (“Existing Certificates”) to the Company’s registrar and transfer agent, TSX Trust Company, in exchange for new certificates (“New Certificates”) representing the number of post-Consolidation common shares to which such shareholder is entitled as a result of the Consolidation.  No delivery of a New Certificate to a shareholder will be made until the shareholder has surrendered its Existing Certificates.  Until surrendered, each Existing Certificate shall be deemed for all purposes to represent the number of post-Consolidation common shares to which the holder is entitled as a result of the Consolidation.

 

The common shares of the Company reflecting the Consolidation will commence trading on the TSX Venture Exchange effective as of July 12, 2019, under the existing symbol “GPM”.

About GPM Metals Inc.

GPM Metals Inc. is a zinc focused exploration company with offices in Toronto, Brisbane and Lima. The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited; and a 100% claims interest in the Pasco Project, Department of Pasco, Peru.

 

For further information:

Peter Mullens, CEO

Suite 1101 – 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone : + 416 628-5904

Email: info[email protected]

 

 

GPM METALS ANNOUNCES CRAIG PARRY TO JOIN BOARD OF DIRECTORS

Toronto – April 9, 2019 – GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”)  is pleased to announce that Craig Parry has agreed to join the board of GPM Metals as a non-executive director.

Mr. Parry has over 18 years’ experience in the resources sector with a number of companies including Rio Tinto and Oxiana Minerals. Currently Mr. Parry is the President and Chief Executive Officer of IsoEnergy Ltd.

Mr. Parry is a co-founder of EMR Capital and former senior advisor to the Fund. He was a co-founder of the Tigers Realm Group and was appointed to the Boards of Tigers Realm Minerals, Tigers Realm Metals and NexGen Energy Ltd. (as it then was prior to the Qualifying Transaction) in 2011. Mr. Parry was appointed to the role of CEO of Tigers Realm Coal in 2012.

Mr. Parry, as an exploration and business development geologist, was responsible for the business development activities of the Tigers Realm Group since inception in 2008.

Prior to joining Tigers Realm, Mr. Parry was the Business Development Manager for G-Resources Limited responsible for mergers and acquisitions and Principal Geologist – New Business at Oxiana Limited responsible for strategy and business development initiatives in bulk and energy commodities.

Mr Parry started his career with Rio Tinto where he led exploration programs for iron ore, copper, diamonds, coal and bauxite in Australia, Asia and South America and was Principal Geologist for the Kintyre Uranium project pre-feasibility study.

Mr. Parry holds an Honours Degree in Geology and is a Member of the AusIMM.

Commenting on the appointment Peter Mullens CEO of GPM Metals stated, “we are extremely fortunate as a company to appoint a director as competent as Mr Parry. Mr Parry has been very successful over the last decade and is a true explorationist having been involved in the discovery of NexGen’s Arrow Uranium project located within the Athabasca basin Saskatchewan Canada”.

Mr Parry is also very familiar with GPM’s Flag Ship “Walker Gossan Project” located in Arnhem Land Australia as he previously worked with Rio Tinto, where he was familiar with its merits as a Lead Zinc exploration target.

Currently GPM Metals is awaiting a scheduled community meeting the week of May 13, 2019 in Gapuwiyak, Arnhem Land in the Northern Territory in Australia, between the local Traditional Land Owners (“TLO’s”), GPM Metals’ management and the representatives of the Northern Land Council.

At this meeting GPM Metals will be presenting their sampling and field program proposed for the Walker Gossan Project (the “Project”), principally Exploration License (EL) 24305, to the TLO’s and the NLC.

Upon review and approval of program, it is anticipated work will commence during June or July 2019.

The Project is the subject of farm-in and joint venture agreement between GPM (and its Australian subsidiary) and Rio Tinto Exploration Pty Limited(“RTX”) executed in January 2014, pursuant to which GPM can earn a 75% interest in the Project through meeting staged exploration expenditure requirements. The Project tenure is held by RTX with GPM acting as the operator and manager of exploration, community relations and title grant (see January 27, 2014 press release of the Company available on SEDAR at www.sedar.com).

Title Deed, Work Program and Exploration License (EL 24305) approval was granted in November 2015 by the NLC after a series of meetings and consultations with the TLO’s and GPM Metals in Numbulwar and Darwin.

 

The Project lies within one of the great metallogenic provinces of the world, the North Australian Zinc Province (NAZP); which currently provides 30% of the world zinc production from a number of significant silver, lead, zinc deposits;   including the Mt. Isa, George Fisher, McArthur River and Century Mines.

The exploration target is a large, strata bound, sediment hosted lead – zinc deposit. Field work planned for 2019 will consist of geological mapping, geochemical sampling and prospecting with the view of identifying vectors towards the center of the mineralized system. To date GPM geologists believe they previously identified and drilled into the iron rich, siderite, outer halo to potentially a major mineralized stratabound Lead Zinc deposit.

About GPM Metals Inc.

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

The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited; and the 100% Claims interest in the Pasco Project, Department of Pasco, Peru.

Both projects are advanced exploration properties and 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 Mullens, CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416  628-5904
Email: [email protected]

 

 

GPM METALS PROVIDES AN UPDATE OF WALKER GOSSAN ZINC PROJECT

GPM Metals Inc. (TSXV:GPM) (the “Company” or “GPM”) provides an update to its Walker Gossan Project, Arnhem Land, Australia.
The Northern Land Council (“NLC”) has scheduled a community meeting the week of 13 May 2019 in Gapuwiyak, Arnhem Land in the Northern Territory in Australia, between the local Traditional Land Owners (“TLO’s”), GPM Metals’ management and the representatives of the Northern Land Council (NLC)..
At this meeting GPM Metals will be presenting their sampling and field program proposed for the Walker Gossan Project (the “Project”), principally Exploration Licence (EL) 24305, to the TLO’s and the NLC.
Upon review and approval of program, it is anticipated work will commence during June or July 2019.
The Project is the subject of farm-in and joint venture agreement between GPM (and its Australian subsidiary) and Rio Tinto Exploration Pty Limited(“RTX”) executed in January 2014, pursuant to which GPM can earn a 75% interest in the Project through meeting staged exploration expenditure requirements. The Project tenure is held by RTX with GPM acting as the operator and manager of exploration, community relations and title grant (see January 27, 2014 press release of the Company available on SEDAR at www.sedar.com).
Title Deed, Work Program and Exploration License (EL 24305) approval was granted in November 2015 by the NLC after a series of meetings and consultations with the TLO’s and GPM Metals in Numbulwar and Darwin.

The Project lies within one of the great metallogenic provinces of the world, the North Australian Zinc Province (NAZP); which currently provides 30% of the world zinc production from a number of significant silver, lead, zinc deposits; including the Mt. Isa, George Fisher, McArthur River and Century Mines.
The exploration target is a large, strata bound, sediment hosted lead – zinc deposit. Field work planned for 2019 will consist of geological mapping, geochemical sampling and prospecting with the view of identifying vectors towards the center of the mineralized system. To date GPM geologists believe they previously identified and drilled into the iron rich, siderite, outer halo to potentially a major mineralized stratabound Lead Zinc deposit.

About GPM Metals Inc.
GPM Metals is a zinc focused exploration company with offices in Toronto, Brisbane and Lima.
The Company’s current holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited; and the 100% Claims interest in the Pasco Project, Department of Pasco, Peru.
Both projects are advanced exploration properties and 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 Mullens, CEO
Suite 1101 – 141 Adelaide Street West,
Toronto, Ontario M5H 3L5
Telephone : + 416 628-5904
Email: [email protected]