GPM Metals Announces up to C$500,000 Non-Brokered Private Placement

Core Viewpoint - GPM Metals Inc. is conducting a non-brokered private placement to raise up to approximately C$500,000 through the issuance of 6,666,666 units, each consisting of one common share and one warrant, with the proceeds aimed at exploration and corporate purposes [1][2]. Group 1: Offering Details - The private placement will be priced at C$0.075 per unit, with each warrant allowing the purchase of a common share at C$0.10 for 36 months [1]. - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and is expected to close around February 13, 2026 [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to exploration efforts at the Walker Gossan Project in Australia, as well as for general corporate purposes and working capital [2]. Group 3: Insider Participation - Insiders are expected to subscribe for up to 1,666,666 units, which qualifies as a related party transaction but is exempt from formal valuation and minority shareholder approval requirements due to the transaction's size relative to the company's market capitalization [3]. Group 4: Company Overview - GPM Metals Inc. is focused on mineral exploration, particularly for large base metals deposits in Australia, with its primary asset being the Walker Gossan Project, a significant zinc-silver-lead project covering 190,000 hectares [5].