GMV Minerals Announces Private Placement Offering

GMV Minerals Inc. has announced a non-brokered private placement of up to 20,000,000 units at C$0.20 per Unit, targeting gross proceeds of up to C$4,000,000. This move, conducted under the "LIFE Exemption," aims to engage investors outside Quebec in Canada and other jurisdictions compliant with local securities laws.

Each unit comprises one common share and a half common share purchase warrant, with the warrant providing purchase rights for a share at C$0.35 over a 30-month period post-issuance. Insiders and current shareholders may also participate under the offering, set to close by December 30, 2025, following all necessary approvals.

The raised funds are intended for further exploration and development of the Mexican Hat Gold project in Arizona, alongside general capital purposes. The offering is coordinated with the assistance of arm's length Finders, who receive a commission and warrants for their efforts.