G MINING VENTURES CORP.


Associated tags: Mining, Corporation, QC, Security (finance), TZ

Locations: ONTARIO, BRITISH COLUMBIA, NEW YORK, QUEBEC, TZ, BRAZIL

G Mining Ventures Completes Construction and Commissioning of 193 km Powerline at Tocantinzinho

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星期一, 一月 8, 2024

During his career, he has developed, built, and operated on more than 3.0 GW of power infrastructure, responsible for more than 600 km of transmission line up to 500 kV.

Key Points: 
  • During his career, he has developed, built, and operated on more than 3.0 GW of power infrastructure, responsible for more than 600 km of transmission line up to 500 kV.
  • Leoncio is a Civil Engineer with an MBA, specializing in both grid-connected and isolated Photovoltaics.
  • With the completion of the powerline, Leoncio will now focus his attention on operational readiness initiatives.
  • Updated satellite imagery and 360 photography showing the site progress is available through the corporate presentation at: https://vrify.com/decks/14338 .

G Mining Ventures Provides Tocantinzinho Project Update on Anniversary of Construction Decision

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星期二, 九月 12, 2023

BROSSARD, QC, Sept. 12, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.

Key Points: 
  • BROSSARD, QC, Sept. 12, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.
  • On the one year anniversary since the Corporation made a formal construction decision ( announced on September 12, 2022 ), the Project is 51% complete and remains on track and on budget for commercial production in H2-2024.
  • Construction Progress – Construction is 46% complete, with work initiated on almost all Project areas.
  • Operational Readiness – Operational readiness activities are underway with the construction and pre-production mining teams poised to transition into commissioning and operations.

G Mining Ventures Grants Equity Incentives

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星期二, 八月 8, 2023

BROSSARD, QC, Aug. 8, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announces that, in accordance with the Corporation's Omnibus Equity Incentive Plan (the "Plan") approved by the Corporation's shareholders as of June 6, 2023, the Board of Directors has granted, as of August 7, 2023, an aggregate of 112,968 stock options (the "Options") and 42,723 restricted share units (the "RSUs") to certain officers and employees of the Corporation.

Key Points: 
  • BROSSARD, QC, Aug. 8, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announces that, in accordance with the Corporation's Omnibus Equity Incentive Plan (the "Plan") approved by the Corporation's shareholders as of June 6, 2023, the Board of Directors has granted, as of August 7, 2023, an aggregate of 112,968 stock options (the "Options") and 42,723 restricted share units (the "RSUs") to certain officers and employees of the Corporation.
  • Each Option confers upon its holder the right to purchase one common share in the capital of the Corporation (a "Common Share"), for a following period of five (5) years and exercisable at a price of C$1.25.
  • Each RSU confers upon its holder the right to receive, without payment of any consideration, one Common Share or, at the Corporation's option, a cash payment equal to the Fair Market Value (as defined in the Plan) of such Common Share (with the additional option of receiving any combination of cash and Common Shares).
  • The vesting terms for Options as well as RSUs are: one third (1/3) the first anniversary of the date of grant, one third (1/3) the second anniversary of the date of grant, and one third (1/3) the third anniversary of the date of grant.

G Mining Ventures Publishes the Inaugural ESG Report and Appoints Vice President of Sustainability

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星期二, 六月 20, 2023

In conjunction with the release of the ESG Report, GMIN is pleased to announce the internal promotion of Eduardo Leão to Vice President, Sustainability.

Key Points: 
  • In conjunction with the release of the ESG Report, GMIN is pleased to announce the internal promotion of Eduardo Leão to Vice President, Sustainability.
  • Louis-Pierre Gignac, President & Chief Executive Officer, commented: "I am excited to present our inaugural ESG Report and welcome Eduardo Leão in his new role as Vice President, Sustainability for G Mining Ventures.
  • Our inaugural ESG Report showcases the progress we have made so far and provides direction on planned initiatives for the future.
  • In conjunction with the release of the ESG Report, GMIN is pleased to announce the internal promotion of Eduardo Leão to Vice President, Sustainability.

G Mining Ventures Provides Update on Site Activities at Tocantinzinho Gold Project

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星期二, 六月 13, 2023

BROSSARD, QC, June 13, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.

Key Points: 
  • BROSSARD, QC, June 13, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.
  • Total Project is currently 30% complete and trending on time and on budget for commercial production in H2-24.
  • Commitments to date total $302 million (66% of project total), including project-to-date expenditures of $198 million (43% of project total).
  • Cumulatively, 33,334 tonnes of material on 3,833 truckloads have been delivered to site since the start of the Project.

G Mining Ventures Announces Results of 2023 Annual General and Special Meeting of Shareholders

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星期二, 六月 6, 2023

BROSSARD, QC, June 6, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) held its 2023 Annual General and Special Meeting of Shareholders (the "Meeting") earlier today, which was a hybrid meeting that included participation by means of live online videoconference.

Key Points: 
  • BROSSARD, QC, June 6, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) held its 2023 Annual General and Special Meeting of Shareholders (the "Meeting") earlier today, which was a hybrid meeting that included participation by means of live online videoconference.
  • At the Meeting, shareholders were asked to elect directors, appoint auditors, approve a change of registered office location and approve the Corporation's new omnibus equity incentive plan.
  • At the Meeting, shareholders approved the following matters.
  • The relevant details in respect of each such matter was provided in the Corporation's Management Proxy Circular dated April 28, 2023:
    The following persons were elected to serve on the Corporation's Board of Directors: David Fennell, Louis Gignac Sr., Louis-Pierre Gignac, Elif Lévesque, Norman MacDonald, Karim Nasr, Jason Neal, Carlos Vilhena and Sonia Zagury;
    PricewaterhouseCoopers LLP, Chartered Professional Accountants, were appointed auditors of the Corporation for the ensuing year;
    The location of the Corporation's registered office was authorized to be changed from British Columbia to Québec; and
    The Corporation's new omnibus equity incentive plan was approved, as were various awards of restricted share units and deferred share units granted thereunder.

G Mining Ventures Achieves Major ESG Milestone with the Signing of Renewable Power Purchase Agreement for Tocantinzinho Gold Project

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星期四, 六月 1, 2023

TZ is currently under construction in the State of Pará, Brazil and remains on budget and on track for commercial production in H2-2024.

Key Points: 
  • TZ is currently under construction in the State of Pará, Brazil and remains on budget and on track for commercial production in H2-2024.
  • Louis-Pierre Gignac, President & Chief Executive Officer, commented: "I am very pleased by the major de-risking milestone of entering into this fixed-price PPA with a reliable electricity supplier.
  • The low-cost power generated from renewable hydroelectric sources will ensure that TZ is in the lower quartile of the global gold production curve both in terms of cost and carbon emissions.
  • This is a major step toward safeguarding value for our shareholders and stakeholders alike."

G Mining Ventures Completes First Draw on $250 Million Gold Stream from Franco-Nevada

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星期一, 四月 3, 2023

BROSSARD, QC, April 3, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTC: GMINF) is pleased to announce that it has drawn approximately $91 million on its $250 million gold stream with Franco-Nevada (Barbados) Corporation ("Franco-Nevada"), as previously announced in July 2022.

Key Points: 
  • BROSSARD, QC, April 3, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTC: GMINF) is pleased to announce that it has drawn approximately $91 million on its $250 million gold stream with Franco-Nevada (Barbados) Corporation ("Franco-Nevada"), as previously announced in July 2022.
  • The proceeds of the stream will be used to continue the development and construction of GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project"), currently under construction in the State of Pará, Brazil.
  • In connection with the draw on the gold stream, GMIN provided evidence to Franco-Nevada that it has sufficient funding to fully satisfy the remaining Project costs required to achieve commercial production and Project completion.
  • In addition, GMIN has also closed, satisfied the conditions precedent, and commenced drawing on the previously announced $40 million Equipment Financing Facility with Caterpillar Financial Services.

G Mining Ventures Hosts Inaugural Site Visits to Tocantinzinho Gold Project and Provides Project Update

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星期一, 三月 6, 2023

BROSSARD, QC, March 6, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announced today that it hosted investor and analyst site visits to its 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") on Thursday, March 2, and Friday, March 3, 2023.

Key Points: 
  • BROSSARD, QC, March 6, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announced today that it hosted investor and analyst site visits to its 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") on Thursday, March 2, and Friday, March 3, 2023.
  • GMIN is also pleased to provide an update on the progress made at TZ, currently under construction in the State of Pará, Brazil.
  • Advancements include detailed engineering, procurement, equipment delivery, workforce ramp up, construction, and progress on open pit mining.
  • The Project remains on track and on budget for commercial production in H2-2024.

G Mining Ventures Grants Equity Incentives

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星期二, 二月 7, 2023

BROSSARD, QC, Feb. 7, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announces that, pursuant to the Company's omnibus equity incentive plan (the "Plan"), on February 6, 2023, the Board of Directors granted 41,292 Restricted Share Units (the "RSUs") of the Corporation and 91,752 Stock Options of the Corporation (the "Options") to the Vice President, Investor Relations & Communications of the Corporation.

Key Points: 
  • BROSSARD, QC, Feb. 7, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) announces that, pursuant to the Company's omnibus equity incentive plan (the "Plan"), on February 6, 2023, the Board of Directors granted 41,292 Restricted Share Units (the "RSUs") of the Corporation and 91,752 Stock Options of the Corporation (the "Options") to the Vice President, Investor Relations & Communications of the Corporation.
  • Each RSU confers upon its holder the right to receive, without payment of any consideration, one Common Share or, at the Corporation's option, a cash payment equal to the Fair Market Value (as defined in the Plan) of such Common Share (with the additional option of receiving any combination of cash and Common Shares), the whole in accordance with Part 8 of the Plan.
  • Each Option confers upon its holder the right to purchase one common share in the capital of the Corporation, for a following period of five (5) years and exercisable at a price of C$0.89.
  • The vesting terms are: one third (1/3) one (1) year after the date of grant, one third (1/3) two (2) years after the grant, and one third (1/3) three (3) years after the grant.