Business
Gaia Metals Corp. Provides Corporate Update
VANCOUVER, BC / ACCESSWIRE / March 30, 2020 / Gaia Metals Corp. (the "Company") (TSXV: G...
About this update from Germanium Mining Corp.
[{"type":"text","content":"Gaia Metals Corp. Provides Corporate UpdateVANCOUVER, BC / ACCESSWIRE / March 30, 2020 / Gaia Metals Corp. (the \"Company\") (TSXV:GMC)(OTCQB:RGDCF)(FSE:R9G) is pleased to provide a corporate update. Given the unforeseen circumstances caused by the coronavirus (COVID-19) pandemic across the globe, the Company feels it is imperative to communicate its business progress and corporate status to our stakeholders.Highlights:Corporate re-branding to \"Gaia Metals Corp.\" New trading symbols - TSX.V: GMC, OTCQB: RGDCF, and FSE: R9G, and a newly minted website launched (https://gaiametalscorp.com)A restructuring of the share capital with only 14,788,817 shares currently issued and outstanding, and 23,008,627 shares fully diluted, following a successful initial financing round of $412,199Completion of Year 1 exploration expenditure commitments under the Option Agreement with O3 Mining Inc. (formerly with Osisko Mining Inc.) for the Corvette-FCI claim group, James Bay area, QuebecSeveral new and significant copper-gold-silver discoveries within the more than 10 km long and underexplored Maven Exploration Trend at the Company's flagship Corvette-FCI PropertyGoing forward in 2020, the Company intends to focus its attention at aggressively pursuing the gold, copper, and silver exploration discoveries, as well as the PGE potential, at Corvette-FCI. This will include pending reporting of results on the recent re-processing and re-interpretation of the historical IP-resistivity data across the Property, as well as an aggressive follow-up field campaign this summer.Adrian Lamoureux, President and CEO, comments: \"The past twelve months have been a transformative period for the Company, highlighted by significant copper-gold-silver discoveries at Corvette-FCI, as well as subsequent corporate restructuring and financing. With the exploration results to date, a tight share structure, seasoned venture capital markets mining professionals and high-quality mineral projects portfolio, we have never been better positioned for the years ahead as we are today. On behalf of the Board of Directors and the management team, I would like to express our sincere gratitude to the shareholders, stakeholders, and investors of the Company for their patience and continued support over this period and as we move forward through this COVID-19 disruption.As with any com...