Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Gold

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company considers itself to operate in a single segment, being the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Elk Mine is in south central British Columbia, Canada, approximately 325-km northeast of Vancouver and 55-km west of Okanagan Lake, midway between the cities of Merritt and West Kelowna and hosts a number of known mineralized zones which the Company continues to investigate, develop, and mine. The project consists of approximately 32 contiguous mineral claims covering 22,152-hectare (ha) and two mining leases covering 646-ha.

TSX:GMTN - Post by User

Gold Mountain Mining Corp

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Post by TELEMARKERon Apr 14, 2024 8:00pm

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Post# 35988562

News release Aprii 12

number of shares summary
original 89 milliion
Nhweln 166.5 million
Hedge 165.5 million
Unsecured vendors 166 million
Private placement 100 million
Total 687 million
Also some payables 18% interest rate
4 month hold on all the new shares, August 12 d-day
share price will be ugly monday April 15

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