GMV Minerals Inc. Announces Joel Schneyer Joins Advisory Board and Dtc Eligibility
280 - 1090 West Georgia Street
Vancouver, British Columbia. V6E 3V7
GMV MINERALS INC. ANNOUNCES JOEL SCHNEYER JOINS
ADVISORY BOARD AND DTC ELIGIBILITY
VANCOUVER, BC, NOVEMBER 10, 2020 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX-V:
GMV) (OTCQB: “GMVMF”) today announces that Mr. Joel Schneyer, a Managing Director in the Minerals
& Mining business practice at Capstone Headwaters, has agreed to serve as Advisor to the Board of Directors.
Mr. Schneyer joined Headwaters MB in 2010, which merged with Capstone in 20 18 to form Capstone
Headwaters. His international career spans 30 plus years as an investment banker, financial analyst, metals
trader, and petroleum geologist. Capstone Headwaters is among the largest independently-owned investment
banking firms in the United States. Today, Capstone Headwaters stands strong at 150+ expert professionals
across 18 offices in the US, UK , and Brazil with 16 dedicated industry groups. They have created a global
presence and built new capabilities that include corporate restructuring, debt advisory, private equity coverage,
and an industry research team.
Mr. Schneyer joined Capstone Headwaters from Mercantile Resource Finance, an advisory firm to the natural
resource sector which he founded in 1996. Prior positions included Manager of Derivative Finance in the metals
group of Barclays Bank and a Senior Analyst in the New Busin ess and Strategic Planning Group at Billiton
Royal Dutch Shell. Before commencing on his banking career, Mr. Schneyer worked as an oil and gas
exploration geologist with Celeron Oil & Gas (Goodyear) , as well as IP Petroleum (International Paper), and
as a field geologist for the U.S. Geological Survey.
Mr. Schneyer’s distinguished academic career includes an MS (Mineral Economics) from The Colorado School
of Mines, an MA (Geology) from the University of Texas at Austin, a BA (Geology) from Colgate University,
and an ICD.D designation from the Institute of Corporate Directors.
The Company also wishes to announce that its common shares have been made eligible for the book -entry
delivery, settlement, and depository services of The Depository Trust Company ("DTC"). DTC is a subsidiary
of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded
companies in the United States.
DTC eligibility will s implify the process of trading and is expected to enhance liquidity of the Company's
common shares on the OTCQB market where GMV Minerals Inc. now trades under the symbol "GMVMF".
Lastly, the Company announces that subject to TSX Venture Exchange approval, it has granted incentive stock
options to various officers, directors, and advisors to purchase up to 1,475,000 ommon shares exercisable on
or before November 9, 2025 at a price of $0.30 per share.
- 2 -
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 Project, located in Cochise County, A rizona, 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. The Company recently
updated its 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.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward -looking stat ements" under applicable Canadian securities
legislation. Forward-looking statements include estimates and statements that describe the Company’s future
plans, objectives or goals, including words to the effect that the Company or management expects a stat ed
condition or result to occur. Forward -looking statements may be identified by such terms as “believes”,
“anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking
statements are based on assumptions and address future events and conditions, by their very nature they involve
inherent risks and uncertainties as described in the Company's filings with Canadian securities regulators. There
can be no assurance that such statements will prove to be accurate, as act ual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements. The Company disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information, future events or otherwise, other than as
required by law.
ON BEHALF OF THE BOARD OF DIRECTORS
________________________________________
Ian Klassen, President
For further information please contact:
GMV Minerals Inc.
Ian Klassen
Tel: (604) 899-0106
Email: [email protected]
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.