G Mining Ventures Corp. (“
GMIN”
or the “
Corporation”) (TSX: GMIN) (OTCQX: GMINF)
today announced that Dušan Petković, Senior Vice President,
Corporate Strategy, will present live at the OTCQX Best 50 Virtual
Investor Conference hosted by VirtualInvestorConferences.com, on
April 18th, 2024. Dušan will give 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. With the spot gold price trading at
$2,344/oz (LBMA Gold Price PM as at April 15, 2024), the Project is
87% complete and remains on track and on budget for commercial
production in H2-2024.
DATE: April
18thTIME: 2:00pm ETLINK:
https://bit.ly/48OzEYk
This will be a live, interactive online event
where investors are invited to ask the company questions in
real-time. If attendees are not able to join the event live on the
day of the conference, an archived webcast will also be made
available after the event.
It is recommended that online investors
pre-register and run the online system check to expedite
participation and receive event updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights:
- TZ has achieved 87% overall
completion and construction is 89% complete.
- Total spending on the Project
to-date is $433 million (95% of project total).
- The Project is trending on time and
on budget for commercial production in H2-24.
- Updated virtual site tour available
through VRIFY platform at https://vrify.com/decks/14338.
About G Mining Ventures Corp.G
Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) is a mining
company engaged in the acquisition, exploration and development of
precious metal projects, to capitalize on the value uplift from
successful mine development. GMIN is well-positioned to grow into
the next mid-tier precious metals producer by leveraging strong
access to capital and proven development expertise. GMIN is
currently anchored by its flagship Tocantinzinho Gold Project in
mining friendly and prospective State of Pará, Brazil.
About Virtual Investor
Conferences®Virtual Investor Conferences (VIC) is the
leading proprietary investor conference series that provides an
interactive forum for publicly traded companies to seamlessly
present directly to investors.
Providing a real-time investor engagement
solution, VIC is specifically designed to offer companies more
efficient investor access. Replicating the components of an on-site
investor conference, VIC offers companies enhanced capabilities to
connect with investors, schedule targeted one-on-one meetings and
enhance their presentations with dynamic video content.
Accelerating the next level of investor engagement, Virtual
Investor Conferences delivers leading investor communications to a
global network of retail and institutional investors.
Additional InformationFor
further information on GMIN, please visit the website at
www.gminingventures.com or contact:
Jessie Liu-ErnstingVice
President, Investor Relations and
Communications647.728.4176info@gminingventures.com
For further information on Virtual Investor
Conferences®, please visit the website at
www.virtualinvestorconferences.com:
John M. ViglottiSVP Corporate
Services, Investor AccessOTC Markets Group
212.220.2221johnv@otcmarkets.com
Cautionary Statement on Forward-Looking
InformationAll statements, other than statements of
historical fact, contained in this press release constitute
“forward-looking information” and “forward-looking statements”
within the meaning of certain securities laws and are based on
expectations and projections as of the date of this press release.
Forward-looking statements contained in this press release include,
without limitation, those related to (i) the Project remaining on
schedule and on budget for commercial production in H2-2024; (ii)
the Project commitments tracking in line with the Feasibility
Study; (iii) the power transmission line to be energized imminently
(or in the near term); (iv) the commissioning activities in respect
of various process plant components being planned for, or starting
in April or, as applicable, May 2024; (v) the operational readiness
being well advanced; and (vi) more generally, the horizontal bar
chart entitled “Project Development Timeline” as well as the
section entitled “About G Mining Ventures Corp.”.
Forward-looking statements are based on
expectations, estimates and projections as of the time of this
press release. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by the Corporation as of the time of such statements,
are inherently subject to significant business, economic and
competitive uncertainties and contingencies. These estimates and
assumptions may prove to be incorrect. Such assumptions include,
without limitation, those relating to the price of gold and
currency exchange rates, those outlined in the Feasibility Study
and those underlying the items listed on the above section entitled
“About G Mining Ventures Corp.”.
Many of these uncertainties and contingencies
can directly or indirectly affect, and could cause, actual results
to differ materially from those expressed or implied in any
forward-looking statements. There can be no assurance that, notably
but without limitation, the Corporation will (i) continue to
progress on all fronts at the Project, (ii) continue taking care of
the health and safety of all its stakeholders, (iii) keep its
expenditures and schedule in line with the Feasibility Study, (iv)
carry its next steps as per the above timetable and effect the
transition to commercial production as contemplated, (v) energize
the transmission line in the near term and bring the Project into
commercial production in the H2-2024, or at all, or (vi) use TZ to
grow GMIN into the next intermediate producer, as future events
could differ materially from what is currently anticipated by the
Corporation. In addition, there can be no assurance that the State
of Pará, in Brazil, will remain a mining friendly and prospective
jurisdiction.
By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and risks exist that estimates, forecasts, projections
and other forward-looking statements will not be achieved or that
assumptions do not reflect future experience. Forward-looking
statements are provided for the purpose of providing information
about management’s expectations and plans relating to the future.
Readers are cautioned not to place undue reliance on these
forward-looking statements as a number of important risk factors
and future events could cause the actual outcomes to differ
materially from the beliefs, plans, objectives, expectations,
anticipations, estimates, assumptions and intentions expressed in
such forward-looking statements. All of the forward-looking
statements made in this press release are qualified by these
cautionary statements and those made in the Corporation’s other
filings with the securities regulators of Canada including, but not
limited to, the cautionary statements made in the relevant sections
of the Corporation’s (i) Annual Information Form dated March 27,
2024, for the financial year ended December 31, 2023, and (ii)
Management Discussion & Analysis. The Corporation cautions that
the foregoing list of factors that may affect future results is not
exhaustive, and new, unforeseeable risks may arise from time to
time. The Corporation disclaims any intention or obligation to
update or revise any forward-looking statements or to explain any
material difference between subsequent actual events and such
forward-looking statements, except to the extent required by
applicable law.
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