GMV Minerals Announces Extension of Expiry Date for Warrants
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) has announced plans to extend the expiry date of 10,009,864 outstanding unlisted common share purchase warrants to June 8, 2026, pending TSX Venture Exchange approval. The warrants, currently exercisable at $0.22 per share, were initially issued during a non-brokered unit private placement in June 2023.
The company owns 100% of the Mexican Hat Property in Cochise County, Arizona, through its subsidiary. This precious metal asset, previously explored by Placer Dome in the late 1980s to early 1990s, has an NI 43-101 inferred resource estimate of 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold. GMV aims to develop the asset for near-term gold production.
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) ha annunciato piani per estendere la data di scadenza di 10.009.864 warrant di acquisto di azioni ordinarie non quotate fino all'8 giugno 2026, in attesa dell'approvazione della TSX Venture Exchange. I warrant, attualmente esercitabili a $0,22 per azione, sono stati inizialmente emessi durante un collocamento privato di unità non mediato nel giugno 2023.
L'azienda possiede il 100% della Mexican Hat Property nella contea di Cochise, Arizona, attraverso la sua controllata. Questo asset di metallo prezioso, precedentemente esplorato da Placer Dome tra la fine degli anni '80 e l'inizio degli anni '90, ha una stima delle risorse inferite NI 43-101 di 36.733.000 tonnellate con una gradazione di 0,58 g/t di oro a un cut-off di 0,2 g/t, contenente 688.000 once d'oro. GMV punta a sviluppare l'asset per una produzione d'oro a breve termine.
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) ha anunciado planes para extender la fecha de vencimiento de 10,009,864 opciones de compra de acciones ordinarias no cotizadas hasta el 8 de junio de 2026, a la espera de la aprobación de la TSX Venture Exchange. Las opciones, actualmente ejercitables a $0.22 por acción, fueron emitidas inicialmente durante una colocación privada de unidades no mediada en junio de 2023.
La empresa posee el 100% de la Mexican Hat Property en el condado de Cochise, Arizona, a través de su filial. Este activo de metal precioso, previamente explorado por Placer Dome a finales de los años 80 hasta principios de los 90, tiene una estimación de recursos inferidos NI 43-101 de 36,733,000 toneladas con una ley de 0.58 g/t de oro a un corte de 0.2 g/t, que contiene 688,000 onzas de oro. GMV tiene como objetivo desarrollar el activo para una producción de oro a corto plazo.
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF)는 10,009,864개의 미상장 보통주 매수권의 만료일을 2026년 6월 8일로 연장할 계획을 발표했습니다. 이는 TSX 벤처 거래소의 승인을 기다리고 있습니다. 현재 주당 $0.22에 행사 가능한 이 매수권은 2023년 6월 비중개 유닛 사모 배정 중에 처음 발행되었습니다.
회사는 자회사를 통해 애리조나 주 코치스 카운티에 있는 Mexican Hat Property의 100%를 소유하고 있습니다. 이 귀금속 자산은 1980년대 후반에서 1990년대 초에 Placer Dome에 의해 탐사되었으며, NI 43-101 추정 자원으로 36,733,000톤의 금 함량 0.58 g/t(컷오프 0.2 g/t)를 보유하고 있으며, 688,000온스의 금이 포함되어 있습니다. GMV는 단기 금 생산을 위해 이 자산을 개발할 계획입니다.
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) a annoncé des projets pour prolonger la date d'expiration de 10 009 864 bons de souscription d'actions ordinaires non cotées jusqu'au 8 juin 2026, sous réserve de l'approbation de la TSX Venture Exchange. Les bons, actuellement exerçables à 0,22 $ par action, ont été initialement émis lors d'un placement privé de parts non intermédié en juin 2023.
La société possède 100 % de la Mexican Hat Property dans le comté de Cochise, en Arizona, par l'intermédiaire de sa filiale. Cet actif en métaux précieux, précédemment exploré par Placer Dome à la fin des années 1980 jusqu'au début des années 1990, a une estimation des ressources inférées NI 43-101 de 36 733 000 tonnes avec une teneur de 0,58 g/t d'or à un seuil de 0,2 g/t, contenant 688 000 onces d'or. GMV vise à développer cet actif pour une production d'or à court terme.
GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) hat Pläne angekündigt, das Ablaufdatum von 10.009.864 ausstehenden nicht notierten Bezugsrechten auf Stammaktien bis zum 8. Juni 2026 zu verlängern, vorbehaltlich der Genehmigung durch die TSX Venture Exchange. Die Bezugsrechte, die derzeit zu einem Preis von 0,22 $ pro Aktie ausgeübt werden können, wurden ursprünglich während einer nicht vermittelten Privatplatzierung im Juni 2023 ausgegeben.
Das Unternehmen besitzt 100 % der Mexican Hat Property im Cochise County, Arizona, über seine Tochtergesellschaft. Dieses Edelmetallvermögen, das in den späten 1980er bis frühen 1990er Jahren von Placer Dome erkundet wurde, hat eine NI 43-101 geschätzte Ressource von 36.733.000 Tonnen mit einem Gehalt von 0,58 g/t Gold bei einer Cut-off von 0,2 g/t, die 688.000 Unzen Gold enthält. GMV plant, das Vermögen für eine kurzfristige Goldproduktion zu entwickeln.
- Significant gold resource of 688,000 ounces at Mexican Hat Property
- 100% ownership of Mexican Hat Property
- Extended warrant expiry provides additional time for potential capital raising
- Resource estimate is only in inferred category, lowest confidence level
- Warrant extension may indicate challenges in raising capital at current share price
VANCOUVER, BC / ACCESS Newswire / March 28, 2025 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) announces that it has applied to the TSX Venture Exchange to extend the expiry date for 10,009,864 of its outstanding unlisted common share purchase warrants (the "Warrants"). The Warrants, each of which is currently exercisable to purchase one common share of the Company at
The Company currently has an aggregate of 10,049,284 Warrants issued and outstanding pertaining to the Private Placement, of which 10,009,864 are eligible for amendment, pursuant to the policies of the Exchange.
About GMV Minerals Inc.
GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its
ON BEHALF OF THE BOARD OF DIRECTORS
________________________________________
Ian Klassen, President
For further information please contact:
GMV Minerals Inc.
Ian Klassen
Tel: (604) 899-0106
Email: Klassen@gmvminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: GMV Minerals, Inc.
View the original press release on ACCESS Newswire
FAQ
What is the new expiry date for GMV Minerals (GMVMF) warrants?
How many warrants are eligible for extension in GMV Minerals (GMVMF)?
What is the exercise price of GMV Minerals (GMVMF) warrants?
What is the current gold resource estimate for GMV Minerals' (GMVMF) Mexican Hat Property?
