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G Mining Ventures Announces Proposed Exercise of Share Purchase Warrants Held by Franco-Nevada

Newswire.ca - Wed Nov 6, 5:00PM CST

BROSSARD, QC, Nov. 6, 2024 /CNW/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that Franco-Nevada Corporation ("Franco-Nevada") has agreed to exercise by no later than December 4, 2024, the 11,500,000 common share purchase warrants ("Warrants") issued to them in connection with the Corporation's Tocantinzinho ("TZ") project financing package announced in 2022 (see press releases dated July 18, 2022 and July 22, 2022).  Pursuant to the proposed exercise, the Corporation will issue 2,875,000 common shares to Franco-Nevada for aggregate gross proceeds of $21.85 million.

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