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GPM Metals Boosts Private Placement to Fund Exploration
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GPM Metals Boosts Private Placement to Fund Exploration

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GPM Metals (TSE:GPM) has released an update.

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GPM Metals Inc. has expanded its non-brokered private placement to potentially raise up to C$600,000 by offering 10 million units at C$0.06 each, featuring common shares and purchase warrants. The additional funds are earmarked for exploration of the Walker Gossan Project in Australia and for general corporate purposes. The offering, pending regulatory approval, is set to close around October 10, 2024, with company insiders expected to invest in up to 1 million units.

For further insights into TSE:GPM stock, check out TipRanks’ Stock Analysis page.

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