GPM Metals Announces Upsize to Previously Announced Non-Brokered Private Placement of Up to C$1,000,000
GPM Metals Announces Upsize to Previously
Announced Non-Brokered Private Placement of
Up to C$1,000,000
Toronto, Ontario--(Newsfile Corp. - February 5, 2026) -
GPM Metals Inc. (TSXV: GPM)
("GPM" or the
"Company") is pleased to announce an upsize to its previously announced non-brokered private
placement to up to 13,333,333 units of the Company (the "Units") at a price of C$0.075 per Unit for
aggregate gross proceeds of up to approximately C$1,000,000 (the "Upsized Offering"). Each Unit will
consist of one common share of the Company and one common share purchase warrant of the
Company (each a "Warrant"). Each Warrant will entitle the holder thereof to acquire one common share
of the Company at a price of C$0.10 for a period of 36 months from the closing of the Upsized Offering.
The proceeds of the Upsized Offering will be used by the Company for exploration efforts at its Walker
Gossan Project located in Australia and for general corporate purposes and working capital. The
Upsized Offering is subject to the receipt of all regulatory approvals including the approval of the TSX
Venture Exchange ("TSXV").
All securities issued under the Upsized Offering will be subject to a hold
period expiring four months and one day from the date of issuance. The Upsized Offering is expected to
close on or about February 19, 2026, or such other date as determined by the Company. No finders'
fees are expected to be payable in connection with the Upsized Offering. Insiders of the Company are
anticipated to subscribe for up to 2,333,333 Units under the Upsized Offering.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in
the United States or any other jurisdiction. No securities may be offered or sold in the United States or in
any other jurisdiction in which such offer or sale would be unlawful prior to registration under U.S.
Securities Act of 1933 or an exemption therefrom or qualification under the securities laws of such other
jurisdiction or an exemption therefrom.
For further information please contact:
GPM Metals Inc.
Suite 1101-141 Adelaide Street West
Toronto, Ontario M5H 3L5
Telephone: + 416 628 5904
Email:
Web:
www.gpmmetals.com
About GPM Metals:
GPM Metals Inc. is a mineral exploration company exploring for large base metals deposits in Australia.
The Company's wholly owned Walker Gossan Project is a district scale (190,000 Hectares) Zinc-Silver-
Lead project in East Arnhem Land NT, Australia.
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Information set forth in this news release involves forward-looking information under applicable
securities laws. The forward-looking statements contained herein include, but are not limited to, the
anticipated size, terms and completion of the Upsized Offering, the closing date of the Upsized
Offering, the intended use of proceeds, the receipt of TSXV approval, and anticipated participation by
certain insiders, and all such forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The forward-looking statements included in this news release are made as of
the date hereof and the Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events or otherwise, except
as expressly required by applicable securities legislation. Although the Company believes that the
expectations represented in such forward-looking statements are reasonable, there can be no
assurance that such expectations will prove to be correct and, accordingly, undue reliance should not
be put on such forward-looking statements. This news release does not constitute an offer to sell or
solicitation of an offer to buy any of the securities described herein.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
U.S.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/282825