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GPM GPM Metals Inc

0.105
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GPM Metals Inc TSXV:GPM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.105 0.095 0.105 0 00:00:00

GPM Metals Closes Sale of Guyana Properties

31/03/2015 8:24pm

PR Newswire (Canada)


GPM Metals (TSXV:GPM)
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TORONTO, March 31, 2015 /CNW/ - GPM Metals Inc. ("GPM"  or the "Company") announces it has completed the previously announced sale of its Guyana exploration properties to Bartica Investments Ltd. ("Bartica") effective March 30, 2015.  As consideration for the sale, the Company is entitled to an aggregate cash payment of $650,000, of which $350,000 was paid at closing and the balance is payable on or prior to the first anniversary of closing.  The sale is a non-arms length transaction as Mr. Patrick Sheridan is both an officer and director of the Company, as well as a significant shareholder of Bartica. 

For further information, please refer to the details of transaction previously disclosed in a news release of GPM dated June 13, 2014, available on SEDAR at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.

SOURCE GPM Metals Inc.

Copyright 2015 Canada NewsWire

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