G Mining Ventures Corp. entered into a subscription agreement for issuance of 21,929,825 common shares at the price of CAD 2.28 per share for gross proceeds of CAD 50,000,001 on April 22, 2024. The transaction will include participation from returning investors La Mancha Resource Capital LLP, and Franco-Nevada Corporation for CAD 25,000,000 each.

The closing of the subscription is expected to occur immediately prior to the closing of the transaction and is subject to TSX approval and certain other conditions being met, including confirmation that GMIN and RGD are ready to proceed with the closing of the transaction.