Source: GPM Metals Inc.
  • GPM Metals (GPM) has closed its previously announced non-brokered private placement for gross proceeds of $393,000.00
  • The company issued 4,912,500 units at $0.08 per unit
  • Proceeds from the offering will be used for property interests and general corporate purposes
  • GPM Metals Inc is a Canada-based mineral exploration and development company
  • GPM Metals Inc. (GPM) is unchanged on the day, trading at C$0.075 per share at 3:30 pm ET

GPM Metals (GPM) has closed a non-brokered private placement for gross proceeds of $393,000.00.

The company issued 4,912,500 units at $0.08 per unit. Each unit will include one common share and one half share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for a period of 36 months.

Company insiders subscribed for a total of 2,600,000 units in the offering.

Proceeds from the offering will be used for property interests and general corporate purposes.

GPM Metals Inc is a Canada-based mineral exploration and development company.

GPM Metals Inc. (GPM) is unchanged on the day, trading at C$0.075 per share at 3:30 pm ET.

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