GobiMin Inc. (TSXV:GMN) announces a share repurchase program. Under the program, the company will repurchase up to 2,627,324 common shares. Such purchases will be at market prices.

Shares may be purchased through the facilities of the TSXV. The program is subject to approval of the TSX Venture Exchange. The company believes that the market price of its common shares does not properly reflect its underlying value.

The program will be valid till February 11, 2017 or on such earlier date as GobiMin may complete its purchases pursuant to the Bid or as it may otherwise determine.