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

Executive Summary

• GMV Minerals announces a non‑brokered private placement of up to 20 million units at C$0.20 per unit, targeting gross proceeds of up to C$4 million.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at C$0.35 for 30 months).
• Net proceeds are earmarked for advancing exploration and development of the Mexican Hat Gold project in SE Arizona and for general working capital.

Key Details

• Offering Size: Up to 20,000,000 units @ C$0.20 per unit → maximum gross proceeds C$4,000,000.
• Unit Composition: 1 common share + ½ warrant (full warrant allows purchase of one additional share at C$0.35).
• Warrant Terms: Exercise price C$0.35; exercisable for 30 months from issue date.
• Finder Compensation: 7 % cash of gross proceeds plus non‑transferable warrants equal to 7 % of units placed by each finder; finder warrants exercisable at $0.20 per share, valid for 30 months, with a statutory hold period of 4 months + 1 day.
• Closing Schedule: First tranche expected 19 Dec 2025; final closing no later than 30 Dec 2025.
• Use of Proceeds: Exploration and development of Mexican Hat Gold project (SE Arizona) and general working capital.
• Regulatory Notes: Offering relies on NI 45‑106 “LIFE” exemption; securities not registered in the U.S. and may not be offered or sold to U.S. persons without exemption.

Notable Quotes

• Ian Klassen, President: “The net proceeds from this offering will enable us to accelerate our exploration program at Mexican Hat and strengthen our balance sheet as we move toward near‑term gold production.”