LA MANCHA INVESTMENTS S. A R. L. TO FILE EARLY WARNING REPORT
G sees a strategic investor increase its stake while second quarter costs rise slightly but free cash flow remains strong.
La Mancha Investments S.à r.l. exercised a zero-strike call option to acquire 3,429,100 common shares of G Mining Ventures Corp. The settlement price was approximately CAD 40.4 per share, totaling ~CAD 138.5 million.
Following the transaction, La Mancha’s holding stands at 50,423,763 shares, representing ~17.1% of issued and outstanding shares. La Mancha intends to file an early warning report, stating the acquisition is for investment purposes and may be adjusted based on market conditions. No new operational, financial, or project guidance is attached to this filing.
G Mining Ventures Corp. (GMIN) executed a routine acquisition of La Mancha shares, fulfilling a pre-existing zero-strike call option. The transaction does not alter the company’s operations, guidance, or capital structure.
The market had already priced in La Mancha’s continued support following the March 2026 top-up right. The CAD 40.4 exercise price represents a discount to the current ~$50 USD trading range, but as a derivative settlement, it carries no new strategic weight.
The stock has traded in a $40–$55 range for months. This filing does not provide new fundamental catalysts. The market will focus on the underlying Q2 earnings print on Aug 12 rather than this administrative filing.
G Mining Ventures Corp. is a producing gold miner transitioning into an intermediate producer. The company’s Tocantinzinho (TZ) Mine in Brazil is a 100%-owned, cash-generating asset that entered commercial production in 2025, with current operations focused on accessing Phase 2 mineralization and optimizing costs.
In Guyana, the company’s 100%-owned Oko West Project is under construction and fully permitted, targeting its first gold pour in the second half of 2027 and commercial production in January 2028. Additionally, the exploration-stage Gurupi Project in Brazil comprises a large land package of approximately 1,900 km² along the Tentugal shear zone, with a Preliminary Economic Assessment (PEA) and Environmental and Social Impact Assessment (ESIA) submission targeted for 2026.
The acquisition of G2 Goldfields was completed in July 2029, consolidating the Oko West project with Oko-Ghanie to create a Tier-1 district. As part of this transaction, G2’s Guyana assets were spun out into G3 Goldfields Inc.