GPM Metals Applies to Extend Warrants
27 Janvier 2020 - 2:57PM
GPM Metals Inc. (“
GPM” or the
“
Company“) (TSXV:GPM) announces that it has
applied to the TSX Venture Exchange (the “
TSXV”)
to extend the term of 5,000,000 common share purchase warrants
originally set to expire on February 23, 2020 (the
“
Warrants”) to February 23, 2021.
The Warrants were originally issued pursuant to
a non-brokered private placement of units completed by the Company
on February 23, 2018. The exercise price of the Warrants will
remain at $0.20.
The amendment to extend the expiry date of the
Warrants to February 23, 2021 is subject to the approval of the
TSXV.
About GPM Metals Inc.
GPM Metals is a zinc focused exploration company
with offices in Toronto and Brisbane.
The Company’s current holdings include the
district scale Walker Gossan Project, NT, Australia, a joint
venture with Rio Tinto Exploration Pty Limited.
The Walker Gossan exploration properties have
considerable potential to host significant zinc resources.
CONTACT INFORMATION
For information contact;
GPM Metals Inc.Dan Noone, Interim CEOSuite
1101-141 Adelaide Street West,Toronto, Ontario, M5H 3L5Telephone :
+ 416-628-5904info@gpmmetals.ca
Forward Looking Statements
This news release contains certain
forward-looking information and statements within the meaning of
applicable securities laws. The use of any of the words “expect”,
“anticipate”, “continue”, “estimate”, “may”, “might”, “will”,
“project”, “should”, “believe”, “plans”, “intends” and similar
expressions are intended to identify forward-looking information
and/or statements. Forward-looking statements and/or
information are based on a number of material factors, expectations
and/or assumptions of GPM which have been used to develop such
statements and/or information but which may prove to be incorrect.
Although GPM believes that the expectations reflected in such
forward-looking statements and/or information are reasonable, undue
reliance should not be placed on forward-looking statements as GPM
can give no assurance that such expectations will prove to be
correct. In addition to other factors and assumptions which may be
identified herein, assumptions have been made regarding, among
other things: results from planned exploration and drilling
activities; GPM’s future plans for operational expenditures; the
accuracy of the interpretations of exploration and drilling
activity results; availability of financing to fund current and
future plans and expenditures; the impact of increasing
competition; the general stability of the economic and political
environment in which GPM has property interests; the general
continuance of current industry conditions; aboriginal matters; the
timely receipt of any required regulatory approvals; the ability of
GPM to obtain qualified staff, equipment and/or services in a
timely and cost efficient manner; the ability of the operator of
each project in which GPM has property interests to operate in a
safe, efficient and/or effective manner and to fulfill its
respective obligations and current plans; future commodity prices;
currency, exchange and/or interest rates; and the regulatory
framework regarding royalties, taxes and/or environmental matters
in the jurisdictions in which GPM has property interests. The
forward-looking information and statements included in this news
release are not guarantees of future performance and should not be
unduly relied upon. Such information and/or statements, including
the assumptions made in respect thereof, involve known and unknown
risks, uncertainties and other factors that may cause actual
results and/or events to differ materially from those anticipated
in such forward-looking information and/or statements including,
without limitation: risks associated with the uncertainty of
exploration results and estimates, currency fluctuations, the
uncertainty of conducting operations under a foreign regime,
exploration risk, the uncertainty of obtaining all applicable
regulatory approvals, the availability of labour and/or equipment,
the fluctuating prices of commodities, the availability of
financing and GPM’s dependence on its management personnel, other
participants in the property areas and/or certain other risks
detailed from time-to-time in GPM’s public disclosure documents,
(including, without limitation, those risks identified in this news
release and GPM’s current management’s discussion and analysis).
Furthermore, the forward-looking statements contained in this news
release are made as at the date of this news release and the
Company does not undertake any obligations to publicly update
and/or revise any of the included forward-looking statements,
whether as a result of additional information, future events and/or
otherwise, except as may be required by applicable securities
laws.
Neither the 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 and / or accuracy of this release
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