On September 4, 2024, GPM Metals Inc. completed a non-brokered private placement of 41,666,668 units of the company at a price of $0.06 per unit for aggregate gross proceeds of approximately $2.5 million. Each unit consists of one common share and one-half of one common share purchase warrant of the Company, with each whole warrant entitling the holder thereof to acquire one common share at a price of $0.10 until September 4, 2026.
Cassels acted for GPM Metals.