Business
GMV Minerals Inc. Closes Non-Brokered Equity Financing
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About this update from Gmv Minerals Inc
[{"type":"text","content":"GMV Minerals Inc. Closes Non-Brokered Equity FinancingNot for distribution to United States newswire services or for dissemination in the United States. VANCOUVER, BC / ACCESS Newswire / December 19, 2025 / GMV Minerals Inc. (the \"Company\" or \"GMV\") (TSX-V:GMV)(OTCQB:GMVMF) is pleased to announce that it has closed its non-brokered private placement announced on December 5, 2025 and December 16, 2025 with the sale of 22,652,500 units of the Company (the \"Units\") priced at $0.20 per Unit for aggregate gross proceeds of $4,530,500. The Offering was carried out pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions(the \"LIFE Exemption\") to purchasers' resident in Canada, other than Quebec, and in jurisdictions outside of Canada in compliance with the applicable securities laws of those jurisdictions. There is an offering document (the \"Offering Document\") related to this Offering that can be accessed under GMV Minerals profile at www.sedarplus.ca and on the Company's website at https://gmvminerals.com. All investors participating in the closing subscribed for Units under the LIFE Exemption, and the Units issued pursuant to the LIFE Exemption are not subject to any statutory hold period in Canada.Each Unit consists of one common share in the capital of the Company (each, a \"Common Share\") and one half of a Common Share purchase warrant (each, a \"Warrant\"). Each full Warrant entitles the holder thereof to acquire one additional Common Share at an exercise price of C$0.35 per Common Share for a period of 30 months after closing. No insiders participated in the Offering. The Offering is subject to the final approval of the TSXV.The Company will pay an aggregate of $214,235 in cash and issue 1,071,175 non-transferable finder's warrants(the \"Finder's Warrants\") as finder's fees in connection with this Offering to Canaccord Genuity Corp., Red Cloud Securities Inc., Research Capital Corp., Haywood Securities Inc., and Ventum Financial Corp. Each Finder's Warrant entitles the holder to acquire one common share of the Company at $0.20 per share for 30 months from the date of closing. All finder's fees are subject to compliance with applicable securities legislation and TSX Venture Exchange policies, includingthe Finder's Warrants being subject to a statutory hold period expiring four months and one day from...