Welcome to our dedicated page for Gold Mtn Mng news (Ticker: GMTNF), a resource for investors and traders seeking the latest updates and insights on Gold Mtn Mng stock.
Gold Mountain Mining Corp (GMTNF) is a British Columbia-based precious metals company focused on gold and silver production at its flagship Elk Gold Mine. This page provides investors and industry observers with timely updates on corporate developments, operational milestones, and strategic initiatives.
Access official press releases, financial disclosures, and exploration updates in one centralized location. Track key activities including production results, resource estimates, debt management progress, and partnership announcements. Our news collection enables informed analysis of GMTNF's operational performance and market positioning.
Content spans quarterly financials, mine expansion plans, drilling results, and management commentary. Regular updates cover metallurgical testing outcomes, permitting developments, and capital structure changes. All information is sourced directly from company filings and verified announcements.
Bookmark this page for streamlined monitoring of GMTNF's progress in British Columbia's mining sector. Combine real-time market data with fundamental operational updates to stay informed about this developing precious metals producer.
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF) has released its Q4 2025 financial and operating results for the period ended January 31, 2025. The company announced a change in its fiscal year-end from January 31 to March 31 to better align with industry peers.
Key Q4 2025 metrics include:
- Gold sales of 291 oz from 10,055 tonnes at 1.23 g/t grade
- Revenue of $761,433 with average realized gold price of $2,583 per ounce
- Mine operating loss of $343,360
- Net loss of $1.46 million
- Adjusted EBITDA of $139,913
The company mined 10,055 tonnes of ore and 398,662 tonnes of waste from Siwash North Pit, with a strip ratio of 39.6. Low production was attributed to planned winter work program. The company has initiated an internal review of its NI 43-101 Technical Report, expected to complete by July 2025.
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF, FRA:5XFA) has announced a change in its financial year-end from January 31 to March 31. This strategic adjustment aims to better align the company's financial statements and continuous disclosure requirements with industry peers and external reporting obligations.
The company will file its annual disclosures in late June 2025, covering a 14-month period ending March 31, 2025. These disclosures will include audited financial statements in compliance with National Instrument 51-102. Additional details about the change and interim reporting procedures will be available in the Company's Notice of Change of Financial Year-End on SEDAR+.
Gold Mountain Mining (TSX:GMTN, OTCQB:GMTNF) has completed a non-brokered private placement of 22,000,000 flow-through common shares at $0.055 per share, raising gross proceeds of $1,210,000. The funds will be used for Canadian exploration expenses at the company's Elk Gold Project in Merritt, British Columbia, qualifying as flow-through mining expenditures.
The company will pay $84,700 in finder's fees and issue 1,540,000 non-transferable share purchase warrants, exercisable at $0.055 per share for 24 months. BC residents investing in these flow-through shares can claim a 20% provincial non-refundable tax credit on BC flow-through mining expenditures. The Qualifying Expenditures must be incurred by December 31, 2025, and renounced to subscribers by December 31, 2024.
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF) has reported its Q3 2025 financial results, with gold sales of 256 oz from 9,959 tonnes delivered at an average grade of 0.94 g/t. The company recorded revenue of $594,404 with an average realized gold price of $2,290 per ounce. Key financial metrics include a mine operating loss of $2,007,251 and a net loss of $1,756,363.
Operational highlights show total mining of 674,085 tonnes with a strip ratio of 66.7. The company raised $6,500,000 through a convertible secured debenture issuance, convertible into 81,250,000 common shares at $0.08 per share, with a 10% annual interest rate and 10-year maturity.
Gold Mountain Mining (TSX:GMTN, OTCQB:GMTNF) has announced a non-brokered private placement of up to 27,272,727 flow-through common shares at $0.055 per share, aiming to raise up to $1.5 million. The proceeds will fund exploration at the Elk Gold Project in Merritt, British Columbia.
The company will use the funds for Canadian exploration expenses, qualifying as flow-through mining expenditures. These expenditures will be incurred by December 31, 2025, and renounced to subscribers by December 31, 2024. BC residents investing in these shares can claim a 20% provincial non-refundable tax credit on BC flow-through mining expenditures.
A finder's fee of 7% cash and 7% warrants (exercisable at $0.055 per share for 24 months) will be paid to eligible finders.
Gold Mountain Mining Corp. (TSX:GMTN, OTCQB:GMTNF) reported its Q2 2025 financial and operating results. Key highlights include:
- Gold sales of 114oz from 3,877 tonnes delivered, grading at 1.25 g/t
- Revenue of $105,012 with an average realized gold price of $897 per ounce
- Mine operating loss of $1,167,618
- Net loss of $2,171,099 or $0.00 per share
- Adjusted EBITDA of ($1,337,101)
- Total Cash Costs per ounce sold of $10,041
- Strip ratio of 22.8
The company is implementing improvements to increase production outputs and has secured $6.5 million in operational funding through a convertible debenture. Gold Mountain is also working with Indigenous Communities to address concerns about future mining plans.
Gold Mountain Mining Corp. (TSX:GMTN)(OTCQB:GMTNF) has successfully closed a $6.5 million financing through the issuance of a convertible secured debenture to a choomEEnsh a Nlaka'pamux LP. The debenture is convertible into 81,250,000 common shares at $0.08 per share, matures in 10 years, and carries a 10% annual interest rate. This transaction involves insider participation, with the investor being an affiliate of Nhwelmen Construction GP , an existing insider owning 27.30% of the company's shares. The financing required and obtained shareholder approval due to its size and insider involvement. Assuming full conversion, Nhwelmen and its affiliates would own 34.05% of the company's common shares.
Gold Mountain Mining Corp. (TSX:GMTN)(OTCQB:GMTNF) announced a $6.5 million financing through a convertible secured debenture issued to choomEEnsh a Nlaka'pamux LP. The debenture is convertible into 81,250,000 common shares at $0.08 per share, matures in 10 years, and carries a 10% annual interest rate. The investor is affiliated with Nhwelmen Construction, an existing insider owning 27.30% of the company. This transaction requires TSX approval and written evidence from over 50% of disinterested shareholders. The financing aims to improve the company's financial position, as determined by a special committee of independent directors.
Gold Mountain Mining Corp. (TSX:GMTN)(OTCQB:GMTNF)(FRA:5XFA) has announced the closing of debt settlement transactions involving Nhwelmen Construction Partnership. The company settled $6.5 million in secured debt by issuing 50,000,000 common shares worth $1.5 million and a $5 million convertible debenture. The debenture can be converted into 62,500,000 shares at $0.08 per share, matures in four years, and accrues 12% interest annually. Additionally, Gold Mountain converted $1,700,660 of unsecured debt into 56,688,667 common shares for other vendors. Upon full conversion, 169,188,667 shares will be issued, equating to 24.63% of the total outstanding shares. Nhwelmen, now holding 35.18% of shares post-conversion, is classified as an insider. The transactions are aimed at improving Gold Mountain's financial position and have received approval from the Toronto Stock Exchange.
Gold Mountain Mining has reached an agreement to settle its $6.5 million debt with Nhwelmen Construction. Nhwelmen will receive 50 million common shares for $1.5 million of this debt and a $5 million convertible debenture, which can be converted into 62.5 million shares at $0.08 each. The debenture matures in four years with an annual interest rate of 12%. Additionally, Gold Mountain plans to approach unsecured vendors to convert up to $1.7 million in debt into shares. These transactions could result in dilution, increasing Nhwelmen's ownership to 32.61% if fully converted. These steps are part of the company's efforts to improve its financial stability.
