G Mining Ventures Corp. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement financing announced on July 18, 2022. Under the first and second tranches of the Placement, the Corporation issued an aggregate of 189,066,765 common shares at C$0.80 per share for aggregate gross proceeds to GMIN of [...]
All amounts are in US dollars unless stated otherwise G Mining Ventures Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing for gross proceeds of $98.5 million . Pursuant to the First Tranche, the Corporation issued 160,062,500 GMIN common shares at a price of C$0.80 [...]
Tocantinzinho Gold Project financed for construction Existing cash on hand and committed capital from financing package totals over $535 million providing an estimated $81 million in cash and contingency Continued support from Eldorado Gold via participation in equity financing Franco-Nevada providing a $353 million full financing solution [...]
Initiation of early works activities at Tocantinzinho in preparation for full construction Deployment of "Self-Perform" execution model initiated with additions of key personnel Advancing procurement and commitments for long lead items, forecast to total $47 million by June Labor agreement with local union agreed to in principle Expanded Tapajos [...]
G Mining Ventures Corp. is pleased to report advancement on the project financing for its 100% owned Tocantinzinho Gold Project. As previously announced on February 9, 2022, the Corporation is evaluating various sources of funding, including commercial bank debt, private debt, precious metals streaming, and strategic equity, and is working towards [...]
G Mining Ventures Corp. held its 2022 Annual General and Special Meeting of Shareholders earlier today, which was a hybrid meeting that included participation by means of live online videoconference. At the Meeting, shareholders were asked to elect directors, appoint auditors and approve the Corporation's stock option plan. Shareholder Approvals At [...]
G Mining Ventures Corp. is pleased to announce that effective April 11, 2022, it has obtained approval for trading on the OTCQB under the symbol "GMINF". It is anticipated that the posting of GMIN's shares on the OTCQB will provide greater liquidity and a more seamless trading experience for U.S. shareholders. GMIN's common shares will continue to [...]
G Mining Ventures Corp. is pleased to announce that the Gignac Family, management and directors of the Corporation have exercised a cumulative total of 6 million common share purchase warrants , generating aggregate proceeds of approximately C$4.9 million to the Corporation. Together with its previous cash balances, GMIN now has approximately C$65 [...]
G Mining Ventures Corp. is pleased to announce that company management will be participating in BMO Capital Markets' 31st Global Metals & Mining Conference from February 27 to March 2, 2022, in Hollywood, Florida. Louis-Pierre Gignac, Chief Executive Officer and President will present on March 2nd and be available for one-on-one meetings throughout [...]
Feasibility Study reflects optimized development plan and current cost environment After-tax NPV5% of $622 million and after-tax IRR of 24% at $1,600/oz gold price 10.5-year mine life with average annual gold production of 174,700 ounces at AISC of $681/oz Years 1-5: Average annual gold production of 196,200 at AISC of $666/oz A 12% increase in [...]
G Mining Ventures Corp. announces that, in accordance with the Corporation's Stock Option Plan, the Board of Directors granted, as of December 22, 2021, to Ms. Sonia Zagury, newly appointed director of the Corporation, an aggregate of 138,490 stock options of the Corporation , each Option conferring upon its holder the right to purchase one common [...]
G Mining Ventures Corp. is pleased to announce the appointment of Sonia Zagury to its board of directors effective immediately. Ms. Zagury is a highly experienced corporate executive based in Rio de Janeiro, Brazil. She recently retired as executive of, and now works as consultant for, Vale S.A. following a distinguished 29-year career with the [...]
