Business
GMV Minerals Inc. Closes Non-Brokered Financing/ Engages Investor Relations Firm
VANCOUVER, BC / ACCESS Newswire / April 2, 2025 / GMV Minerals Inc. (the "Company" or "GMV")...
About this update from Gmv Minerals Inc
[{"type":"text","content":"GMV Minerals Inc. Closes Non-Brokered Financing/ Engages Investor Relations FirmVANCOUVER, BC / ACCESS Newswire / April 2, 2025 / GMV Minerals Inc. (the \"Company\" or \"GMV\") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that it has closed a non-brokered private placement for gross proceeds of $675,000 from the issuance of 6,750,000 units (the \"Units\") at a price of $0.10 per Unit. The closing is subject to final approval by the TSX Venture Exchange.Each Unit consists of one common share of the Company (a \"Common Share\") and one Common Share purchase warrant (\"Warrant\"). Each Warrant entitles the holder to purchase one Common Share at a price of $0.15 for a period of three (3) years after closing. No finder's fees were paid on the issuance.The net proceeds of the Offering will be used to advance exploration activities at the Company's 100% controlled Mexican Hat gold property located in S.E. Arizona as well as for general working capital.The Company is also pleased to announce that it has engaged the services of ImpactDeck, a leading investor relations firm specializing in resource companies. ImpactDeck will assist GMV in increasing its visibility within the investment community and enhancing engagement with key investors. In consideration of the services provided, GMV will pay ImpactDeck a cash consideration of C$4,000 per month, starting April 15, 2025, for an initial term of three months ending on July 15, 2025, with the option to continue on a month-to-month basis thereafter.Ian Klassen, President commented, \"We're excited to begin working with ImpactDeck to ensure our story reaches an expanded audience. We believe our share price is not indicative of the value of our asset and as such we are dedicating the time and effort to convey the upside potential. ImpactDeck's expertise will be invaluable as we continue to execute on our strategic objectives.\"In addition, the Company announces that subject to TSX Venture Exchange approval, it has granted incentive stock options to various directors, officers and consultants to purchase up to 1,875,000 common shares exercisable at a price of $0.15 per share for a period of five years.About GMV Minerals Inc.GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100% owned subsidiary, has a 100% inter...