GMV Minerals Announces Upsize of Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption

Executive Summary

• GMV Minerals Inc. raised the maximum size of its non‑brokered private placement from C$4 M to C$4.55 M due to strong investor demand.
• The offering consists of up to 22,750,000 units at C$0.20 per unit, each unit containing one common share and half a warrant (full warrant exercisable at C$0.35 for 30 months).
• Net proceeds will be used to advance exploration and development of the Mexican Hat Gold project in SE Arizona and for general working capital.

Key Details

• Offering Size: Increased to up to C$4,550,000 gross proceeds (from previously announced C$4,000,000).
• Units Offered: Up to 22,750,000 units at C$0.20 per unit.
• Unit Composition: 1 common share + ½ common‑share purchase warrant; each full warrant allows purchase of one common share at C$0.35 for 30 months after issue.
• Finder Compensation: 7 % cash of gross proceeds plus non‑transferable warrants equal to 7 % of units placed; finder warrants exercisable at $0.20 per share, with a statutory hold period of 4 months + 1 day.
• Closing Schedule: First tranche expected December 19 2025; final closing no later than January 19 2026, potentially in multiple tranches.
• Use of Proceeds: Exploration and development of the Mexican Hat Gold project (SE Arizona) and general working capital.
• Regulatory Notes: Offering relies on NI 45‑106 LIFE exemption; securities not registered under U.S. law and may not be offered or sold to U.S. persons without exemption.

Notable Quotes

• “The increased demand for our private placement reflects investor confidence in the Mexican Hat project and our growth strategy,” – Ian Klassen, President, GMV Minerals Inc.