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GPM.V ·

GPM Metals Inc. Announces the Appointment of John Timmons as Chief Executive Officer Executive Appointment

Management Changes

GPM Metals Inc. Announces the Appointment

of John Timmons as Chief Executive Officer

Executive Appointment

Toronto, Ontario--(Newsfile Corp. - December 24, 2024) - GPM Metals Inc. (TSXV: GPM) ("GPM" or the

"Company") Chairman, Dan Noone, on behalf of the Board of Directors, wishes to welcome John

Timmons as GPM's new Chief Executive Officer and to our Board of Directors.

Mr. Timmons is a seasoned mineral exploration executive with over 20 years of development stage and

operational experience.

Mr. Timmons spent 16 years with Guyana Goldfields and was instrumental in the

development of the company from exploration to production.

More recently, Mr. Timmons was

President/CEO of Stone Gold Inc. and later Copper Road Resources Inc.

Prior to commencement of drilling at the end of the wet season in April 2025, Mr. Timmons will be

relocating to Australia. Mr. Timmons brings excellent knowledge and experience to the Company, and

we have great confidence he will successfully execute the drilling exploration program we have planned

for the Walker River Project in 2025.

The Board would also like to thank John Tait for his achievements over his tenure as CEO of GPM and in

appreciation of his efforts he will be retaining 500,000 options.

Dan Noone, Chairman of the Board, commented, "We are sorry to see John Tait leave GPM, and he will

remain a friend of the company, but as time went on it was clear we needed a CEO based in Australia

which John Tait was unable to accommodate."

Mr. Tait commented, "While I will no longer be CEO of GPM, I remain a substantial shareholder and will

be closely monitoring the exciting 2025 drill program."

About GPM Metals Inc.

GPM Metals Inc. is an exploration company with offices in Toronto. The Company's current holdings

include the district scale Walker Gossan Project, NT, Australia.

For further information contact:

GPM Metals Inc.

John Timmons, Director and CEO Suite 1101 - 141 Adelaide Street West, Toronto,

Ontario M5H 3L5 Telephone: + 416 628-5904 Email:

[email protected]

Forward-Looking Statements

This news release contains certain forward-looking information and statements within the meaning of

applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate",

"may", "might", "will", "project", "should", "believe", "plans", "intends" and similar expressions are

intended to identify forward-looking information and/or statements. Forward-looking statements and/or

information are based on a number of material factors, expectations and/or assumptions of GPM which

have been used to develop such statements and/or information, but which may prove to be incorrect.

Although GPM believes that the expectations reflected in such forward-looking statements and/or

information are reasonable, undue reliance should not be placed on forward- looking statements as

GPM can give no assurance that such expectations will prove to be correct. In addition to other factors

and assumptions which may be identified herein, assumptions have been made regarding, among other

things: results from planned exploration and drilling activities; GPM's future plans for operational

expenditures; the accuracy of the interpretations of exploration and drilling activity results; availability of

financing to fund current and future plans and expenditures; the impact of increasing competition; the

general stability of the economic and political environment in which GPM has property interests; the

general continuance of current industry conditions; aboriginal matters; the timely receipt of any required

regulatory approvals; the ability of GPM to obtain qualified staff, equipment and/or services in a timely

and cost efficient manner; the ability of the operator of each project in which GPM has property interests

to operate in a safe, efficient and/or effective manner and to fulfill its respective obligations and current

plans; future commodity prices; currency, exchange and/or interest rates; and the regulatory framework

regarding royalties, taxes and/or environmental matters in the jurisdictions in which GPM has property

interests. The forward-looking information and statements included in this news release are not

guarantees of future performance and should not be unduly relied upon. Such information and/or

statements, including the assumptions made in respect thereof, involve known and unknown risks,

uncertainties and other factors that may cause actual results and/or events to differ materially from those

anticipated in such forward-looking information and/or statements including, without limitation: risks

associated with the uncertainty of exploration results and estimates, currency fluctuations, the uncertainty

of conducting operations under a foreign regime, exploration risk, the uncertainty of obtaining all

applicable regulatory approvals, the availability of labour and/or equipment, the fluctuating prices of

commodities, the availability of financing and GPM's dependence on its management personnel, other

participants in the property areas and/or certain other risks detailed from time-to-time in GPM's public

disclosure documents, (including, without limitation, those risks identified in this news release and

GPM's current management's discussion and analysis). Furthermore, the forward-looking statements

contained in this news release are made as at the date of this news release and the Company does not

undertake any obligations to publicly update and/or revise any of the included forward-looking

statements, whether as a result of additional information, future events and/or otherwise, except as may

be required by applicable securities laws.

Neither the 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

and / or accuracy of this release.

Not for Dissemination in the United States or through U.S. Newswire Services

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/234981