G Mining Ventures Recognized as Top 10 in Mining by 2024 TSX Venture 50™
G Mining Ventures Recognized as Top 10 in Mining by 2024
TSX Venture 50™
TSX: GMIN
OTCQX: GMINF
BROSSARD, QC
,
Feb. 21, 2024
/CNW/ -
G Mining Ventures Corp.
("
GMIN
" or the "
Corporation
" or "
we
") (TSX: GMIN) (OTCQX:
GMINF) is pleased to announce it has been recognized by the TSX Venture Exchange (TSXV) as a 2024 Top 50 Company, ranking
top 10 within the mining sector.
TSX Venture 50 is an annual ranking of the top performing companies from the past year on TSXV, ranking the top 10 performing
companies from each of five sectors based on three equally weighted criteria: market capitalization growth, share price appreciation,
and trading value. GMIN's common shares migrated from the TSXV to the TSX on
January 11, 2024
.
"We are thrilled to be ranked as a Top 50 company by the TSX group, in recognition of the GMIN team's value creation for our
fellow stakeholders. As our flagship
Tocantinzinho Gold Project is now 76% complete, I look forward to leading our team to achieve
commercial production in the second half of 2024. We look to continue to grow GMIN into the next leading intermediate gold
producer
, using Tocantinzinho as a cornerstone asset."
stated
Louis-Pierre Gignac
, President & Chief Executive Officer.
More details on the 2024 TSX Venture 50™ can be found at:
www.tsx.com/Venture50
.
Virtual Site Tour and Feasibility Study Presentation
Updated satellite imagery and 360 photography showing the site progress is available through the corporate presentation at:
https://vrify.com/decks/14338
. A 3D presentation of the Project Feasibility Study is available at:
Feasibility Study 3D VRIFY Presentation
. Both presentations can be accessed by visiting GMIN's website at
https://www.gminingventures.com
.
About G Mining Ventures Corp.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition, exploration and
development of precious metal projects, to capitalize on the value uplift from successful mine development. GMIN is well-positioned to
grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN
is currently anchored by its flagship Tocantinzinho Gold Project in mining friendly and prospective State of Pará, Brazil.
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute "forward-looking information" and
"forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the
date of this press release. Forward-looking statements contained in this press release include, without limitation, those featured in (i)
the comments quoted from GMIN's Chief Executive Officer ("CEO"); and
(ii) more generally,
the section entitled "About G Mining
Ventures Corp.". The virtual tour and the project feasibility study presentations, in respect of which hyperlinks are provided, may
contain forward-looking statements or information.
Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-
looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the
Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties
and contingencies. These estimates and assumptions may prove to be incorrect. Such
assumptions include, without limitation, those
underlying the CEO's comments as well as the contents of the above section entitled "About G Mining Ventures Corp.".
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially
from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation,
GMIN will (i) bring its Tocantinzinho Project to commercial production in the second half of 2024, or at all, and (ii) grow into the next
leading intermediate gold producer
.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist
that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect
future experience. Forward-looking statements are provided for the purpose of providing information about management's
expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements
as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans,
objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of
the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the
Corporation's other filings with the securities regulators of
Canada
including, but not limited to, the cautionary statements made in
the relevant sections of the Corporation's (i) Annual Information Form dated
April 28, 2023
, for the financial year ended
December
31, 2022
, and (ii) Management Discussion & Analysis. The Corporation cautions that the foregoing list of factors that may affect
future results is not exhaustive, and new, unforeseeable risks may arise from time to time. The Corporation disclaims any intention
or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual
events and such forward-looking statements, except to the extent required by applicable law.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/g-mining-ventures-recognized-as-top-10-in-mining-by-2024-tsx-venture-50-302067080.html
SOURCE
G Mining Ventures Corp
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/February2024/21/c3569.html
%SEDAR: 00047725E
For further information:
on GMIN, please visit the website at www.gminingventures.com or contact: Jessie Liu-Ernsting, Vice
President, Investor Relations and Communications, 647.728.4176, [email protected]
CO: G Mining Ventures Corp
CNW 07:25e 21-FEB-24