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GMV Minerals ( (TSE:GMV) ) has issued an update.
GMV Minerals Inc. has successfully closed a non-brokered private placement, raising $675,000 to advance exploration at its Mexican Hat gold property in Arizona and for general working capital. Additionally, GMV has engaged ImpactDeck, an investor relations firm, to enhance its visibility within the investment community, reflecting the company’s commitment to conveying its asset’s value and potential. The company has also granted incentive stock options to directors, officers, and consultants, further aligning interests with stakeholders.
More about GMV Minerals
GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. The company owns a 100% interest in the Mexican Hat Property in Cochise County, Arizona, and aims to realize the full mineral potential of the property through near-term gold production. GMV has a National Instrument mineral resource of 36,733,000 tonnes grading 0.58 g/t gold, containing 688,000 ounces of gold.
YTD Price Performance: 10.0%
Average Trading Volume: 51,544
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$9.61M
For a thorough assessment of GMV stock, go to TipRanks’ Stock Analysis page.