GPM Metals Boosts Private Placement to Fund Exploration
Company Announcements

GPM Metals Boosts Private Placement to Fund Exploration

Story Highlights

GPM Metals (TSE:GPM) has released an update.

GPM Metals Inc. has expanded its non-brokered private placement to potentially raise up to C$600,000 by offering 10 million units at C$0.06 each, featuring common shares and purchase warrants. The additional funds are earmarked for exploration of the Walker Gossan Project in Australia and for general corporate purposes. The offering, pending regulatory approval, is set to close around October 10, 2024, with company insiders expected to invest in up to 1 million units.

For further insights into TSE:GPM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGPM Metals Completes C$660K Private Placement
TipRanks Canadian Auto-Generated NewsdeskGPM Metals Expands Private Placement to Fund Exploration
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App