Source: GPM Metals Inc.
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  • 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.

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