G Mining Ventures Announces Proposed Exercise of Share Purchase Warrants Held by Franco-Nevada
Each Warrant entitles Franco-Nevada to acquire 0.25 of a common share of GMIN at an exercise price of
"We are pleased to announce this warrant acceleration and exercise, a testament to GMIN's commitment to delivering shareholder value, underpinned by our successful execution of the Tocantinzinho mine construction and strict capital discipline," stated
Franco-Nevada invested
Upon exercise of these Warrants, GMIN will have eliminated all warrant instruments, marking a significant milestone in the Corporation's capital structure and growth trajectory.
About
Additional Information
For further information on GMIN, please visit the website at www.gmin.gold or contact:
Vice President, Investor Relations and Communications
647.728.4176
ir@gmin.gold
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release. Forward-looking statements contained in this press release include, without limitation, those related to (i) the exercise of the Warrants by Franco-Nevada prior to their expiry and (ii) more generally, the quoted comments of GMIN's President & Chief Executive Officer as well as the above section entitled "About
Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such
assumptions include, without limitation, those underlying the quoted comments of GMIN's President & Chief Executive Officer and the items listed in the above section entitled "About
Many of these uncertainties and contingencies can directly or indirectly cause actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) Franco-Nevada will exercise the Warrants prior to their expiry, (ii) GMIN will achieve its stated objectives for TZ and Oko West, or (ii) GMIN will use TZ and Oko West to grow GMIN into the next mid-tier precious metals producer, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation's other filings with the securities regulators of
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