GPM.V · 2019-07-10 12:00:00

GPM Metals Inc. Announces Share Consolidation

Corporate Actions

TORONTO, July 10, 2019 -- GPM Metals Inc. (TSXV:GPM) (the “Company”) announces that it has filed articles of amendment

to consolidate the Company’s issued and outstanding common shares on the basis of one (1) new common share for every

two (2) existing common shares (the “Consolidation”), all effective as of July 9, 2019. Shareholder approval of the

Consolidation was obtained at the Company’s annual and special meeting of shareholders held on June 11, 2019.

In connection with the Consolidation, the Company has sent letters of transmittal to holders of its common shares for use in

transmitting their existing share certificates (“Existing Certificates”) to the Company’s registrar and transfer agent, TSX Trust

Company, in exchange for new certificates (“New Certificates”) representing the number of post-Consolidation common shares

to which such shareholder is entitled as a result of the Consolidation. No delivery of a New Certificate to a shareholder will be

made until the shareholder has surrendered its Existing Certificates. Until surrendered, each Existing Certificate shall be

deemed for all purposes to represent the number of post-Consolidation common shares to which the holder is entitled as a

result of the Consolidation.

The common shares of the Company reflecting the Consolidation will commence trading on the TSX Venture Exchange

effective as of July 12, 2019, under the existing symbol “GPM”.

About GPM Metals Inc.

GPM Metals Inc. is a zinc focused exploration company with offices in Toronto, Brisbane and Lima. The Company’s current

holdings include the district scale Walker Gossan Project, NT, Australia, a joint venture with Rio Tinto Exploration Pty Limited;

and a 100% claims interest in the Pasco Project, Department of Pasco, Peru.

For further information:

Peter Mullens, CEO

Suite 1101 – 141 Adelaide Street West,

Toronto, Ontario M5H 3L5

Telephone : + 416 628-5904

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein

as "forward-looking statements") within the meaning of Canadian securities laws. All statements other than statements of

historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are

inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties

(both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the

forward-looking statements will not occur, including the effective date of trading of the post-Consolidation common shares.

Although the Company believes that the expectations reflected in the forward looking statements contained in this press

release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no

assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-

looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon

which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous

assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts,

projections and other forward-looking statements will not occur, which may cause the Company's actual performance and

results in future periods to differ materially from any estimates or projections of future performance or results expressed or

implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the

date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-

looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly

qualified by this cautionary statement.