GPM Metals Announces up to C$500,000 Non-Brokered Private Placement

Executive Summary

• GPM Metals Inc. announced a non‑brokered private placement of up to 6,666,666 units at C$0.075 per unit, targeting gross proceeds of approximately C$500,000.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at C$0.10 for 36 months; insiders may subscribe for up to 1,666,666 units.
• Proceeds will be used for exploration at the Walker Gossan Project in Australia and for general corporate purposes; closing is expected around February 13, 2026 pending TSXV approval.

Key Details

• Units Offered: Up to 6,666,666 units (each = 1 common share + 1 warrant).
• Price per Unit: C$0.075 → Maximum Gross Proceeds: ≈ C$500,000.
• Warrant Terms: Right to purchase one additional common share at C$0.10 per share for 36 months from closing.
• Use of Proceeds: Exploration activities at Walker Gossan Project (Australia) and general corporate/working capital needs.
• Closing Date: Expected on or about February 13, 2026 (subject to TSXV approval).
• Hold Period: Securities subject to a hold period expiring four months and one day after issuance.
• Insider Participation: Insiders may subscribe for up to 1,666,666 units; treated as a related‑party transaction exempt from MI 61‑101 valuation/approval thresholds (≤25% of market cap).
• Regulatory Conditions: Offering contingent on receipt of all required regulatory approvals, including TSXV. No finders’ fees anticipated.

Notable Quotes

(No executive quotes were included in the release.)