TORONTO, Feb. 18, 2014 /CNW/ - GPM Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective February 17, 2014 an aggregate of 3,150,000 options to directors and employees of the Company with such options being exercisable until February 17, 2017 at an exercise price of $0.10. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant. About GPM Metals; GPM is a [...]
TORONTO, Jan. 27, 2014 /CNW/ - GPM Metals Inc. (TSXV:GPM) ("GPM") through its wholly owned subsidiary DPG Resources Australia Pty Limited ("DPG") announces that it has entered into, an Earn-In/Joint Venture Agreement with Rio Tinto Exploration Pty Ltd, a wholly owned subsidiary of Rio Tinto Limited ("Rio Tinto") (NYSE:RIO); covering base metal exploration and development rights, in relation to certain granted exploration [...]
TORONTO, Aug. 28, 2013 /CNW/ - Guyana Precious Metals Inc. (the "Company") (TSXV:GPM), is pleased to announce that it has filed articles of amendment to change its name to "GPM Metals Inc.". The Company will commence trading under its new name on the TSX Venture Exchange at the open on Thursday, August 29, 2013. There will be no change to the existing stock symbol of the Company as a result of the name change. About [...]
TORONTO, Aug. 22, 2013 /CNW/ - Guyana Precious Metals Inc. ("GPM") (TSXV:GPM), is pleased to announce that it has completed its previously announced acquisition of 100% of the common shares of DPG Resources Inc. ("DPG"), a company incorporated under the laws of the Province of Ontario (the "Acquisition"). Upon closing of the Acquisition, an aggregate of 18,700,000 common shares and 18,700,000 share purchase warrants [...]
TORONTO, June 10, 2013 /CNW/ - Guyana Precious Metals Inc. (TSX-V: GPM) (the "Corporation" or "GPM") announces the adoption by its Board of Directors of amendments to its By-Laws.By-Law 3 includes a provision that requires advance notice to the Corporation in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Corporation other than pursuant to (i) a [...]
Guyana Precious Metals, is pleased to announce that it has entered into a binding letter agreement dated May 24 for the acquisition of 100% of the common shares of DPG Resources. The terms of the Letter Agreement require the completion of certain conditions precedent to the Acquisition, including among other things, satisfactory due diligence, execution of a definitive agreement and receipt of all necessary regulatory and [...]
Guyana Precious Metals announces that it will make an application to the TSXV to amend the terms of its Series 2010-I warrants in order to (i) extend the expiry date of such warrants to December 10, 2013; and (ii) amend the exercise price to $0.45 per share. An aggregate of 70,000,000 Series 2010-I warrants were originally issued in December 2010 (prior to giving effect to the two-for-one share consolidation of GPM on [...]
Mr. John Patrick Sheridan reports details of the commencement of the Peters Mine Property exploration program. Company geologists and technicians are currently on site and the exploration program is underway. The program is based on re-interpretation of data from the previous operator at the Mango Trend. Defined targets are being investigated with a sequence of 6 mechanized trenches of various lengths between 70m and [...]
Guyana Precious Metals announces that it has granted effective October 12, 2012 an aggregate of 2,250,000 options to directors and employees of the Company with such options being exercisable until October 12, 2015 at an exercise price of $0.17. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant.
Guyana Precious Metals is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which it has issued an aggregate of 4,666,668 Common Sharesat a price of $0.075 per Share, to raise aggregate gross proceeds of approximately $350,000. All of the securities issued in connection with the Offering are subject to a statutory hold period expiring on January 14, 2013. The [...]
Guyana Precious Metals is pleased to announce a non-brokered private placement of up to 4,666,667 common shares at a price of $0.075 per Share for gross proceeds of up to approximately $350,000. Insiders of Guyana, and their affiliates, are expected to subscribe for up to 666,667 of the Shares being distributed under the Placement.
Guyana Precious Metals is pleased to announce the appointment of Paul J. Murphy, B.Comm, as the new Chief Financial Officer (CFO). Mr. Patrick Sheridan, President and Chief Executive Officer states "Guyana Precious Metals is pleased to welcome Mr. Murphy to the Company. The addition of Mr. Murphy to our executive management team is a significant milestone in the corporate development of our Company as we grow our team."