• G Mining Ventures Corp. (GMIN) has closed the first tranche of a non-brokered private placement for gross proceeds of US$98.5 million
  • The company now has 48,969,770 warrants outstanding with a weighted average life of 2.82 years
  • G Mining Ventures Corp. (GMIN) is a mineral exploration company engaged in the acquisition, exploration, and development of precious metal projects
  • G Mining Ventures is down 2.60 per cent trading at C$0.75 per share as of 11:55 a.m. ET

G Mining Ventures Corp. (GMIN) has closed the first tranche of a non-brokered private placement financing for gross proceeds of US$98.5 million.

The company issued 160,062,500 shares to La Mancha, Franco-Nevada, and Eldorado Gold, who now hold 19.8 per cent, 10.7 per cent and 19.0 per cent of GMIN’s outstanding common shares, respectively.

The company now has 48,969,770 warrants outstanding with a weighted average life of 2.82 years.

G Mining Ventures Corp. (GMIN) is a mineral exploration company engaged in the acquisition, exploration, and development of precious metal projects.

G Mining Ventures is down 2.60 per cent trading at C$0.75 per share as of 11:10 a.m. ET.

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