Source: GPM Metals Inc.
  • GPM Metals (GPM) has announced a non-brokered private placement for gross proceeds of up to $500,000.00
  • The company will issue up to 6,250,000 units priced at $0.08 per unit
  • The offering is scheduled to close on or about July 22, 2022
  • GPM Metals Inc is a Canada-based mineral exploration and development company
  • GPM Metals Inc. (GPM) is down 5.9 per cent, trading at C$0.08 per share at 11:15 am ET

GPM Metals (GPM) has announced a non-brokered private placement for gross proceeds of up to $500,000.00.

The company will issue up to 6,250,000 units priced 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 may subscribe for up to 5,000,000 units in the offering.

The offering is scheduled to close on or about July 22, 2022 and is subject to the receipt of all applicable regulatory approvals.

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

GPM Metals Inc. (GPM) is down 5.9 per cent, trading at C$0.08 per share at 11:15 am ET.

More From The Market Online

Copper mining giant reports rising profit, maintains 2026 outlook

Freeport (NYSE:FCX) reported second-quarter 2026 net income of US$984 million (US$0.68 per share) and adjusted net income of US$1.1 billion.

Ottawa greenlights one of the world’s largest nickel mines

Canada Nickel Company (TSXV:CNC) receives federal approval for its Crawford nickel project in Ontario, one of the largest in the world.

Buzz on the Bullboards: Contracts, cashflows, and delistings

Uncertainty around Iran has weighed on sentiment, reminding investors that even strong stories can be overshadowed by geopolitical risk.

Super Copper discovers kilometre-scale targets in Chile

Junior mining company Super Copper (CSE:CUPR) identifies multiple kilometre-scale anomalies at its Castilla project in Chile.