- GPM Metals (GPM) has closed its non-brokered private placement for gross proceeds of $300,000.00
- The company issued 3,000,000 units at a price of $0.10 per unit
- All proceeds from the offering will be used for property interests and general corporate purposes
- GPM Metals is a Canadian-based mineral exploration and development company
- GPM Metals Inc. (GPM) is unchanged, trading at C$0.115 per share at 12 pm ET
GPM Metals (GPM) has closed its non-brokered private placement for gross proceeds of $300,000.00.
The company issued 3,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.15 for a period of 36 months.
All proceeds from the offering will be used for property interests and general corporate purposes.
All of the securities issued are subject to a statutory hold period expiring on March 6, 2022.
The offering remains subject to the receipt of applicable final regulatory approvals.
GPM Metals is a Canadian-based mineral exploration and development company.
GPM Metals Inc. (GPM) is unchanged, trading at C$0.115 per share at 12 pm ET.