GMV.V · 2021-05-25 12:00:00

GMV Minerals Announces Full Exercise of Warrants Expiring on May 31

Financings Share Capital & Compensation

280 - 1090 West Georgia Street

Vancouver, British Columbia. V6E 3V7

VANCOUVER, BC, May 25, 2021 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX -V: GMV)

(OTCQB: “GMVMF”) is pleased to announce that its shareholders have exercised all outstanding warrants

expiring on May 31, 2021 with net proceeds of $1,194,750 being added to the Company’s treasury.

The use of proceeds will be employed to accelerate the Company’s expansion drill program on its 100% controlled

Mexican Hat Gold project in SE Arizona.

Ian Klassen, President and CEO of GMV Minerals remarked, "We are delighted with the exercise of warrant s by

our shareholders. I am very pleased to confirm that the full complement of warrants due at month end have now

been exercised, a vote of confidence from our long-term shareholders. GMV now has a total of 3,981,042 warrants

outstanding with expiry dates ranging from October 2021 to April 2023.”

About GMV Minerals Inc.

GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in

Arizona. GMV, through its 100% owned subsidiary, has a 100% interest in a Mining Property Lease commonly

referred to as the Mexican Hat Property, loca ted in Cochise County, Arizona, USA. The project was initially

explored by Placer Dome (USA) in the late 1980’s to early 1990’s. GMV is focused on developing the asset

and realizing the full mineral potential of the property through near term gold production. GMV recently updated

its National Instrument inferred mineral resource to 36,733,000 tonnes grading 0.58  g/t gold at a 0.2  g/t cut-off,

containing 688,000 ounces of gold.

ON BEHALF OF THE BOARD OF DIRECTORS

________________________________________

Ian Klassen, President

For further information please contact:

GMV Minerals Inc.

Ian Klassen

Tel: (604) 899-0106

Neither 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 or accuracy of this

release.