13:51:37 EST Mon 10 Nov 2025
Enter Symbol
or Name
USA
CA



G Mining Ventures Corp (2)
Symbol GMIN
Shares Issued 227,118,089
Close 2025-11-07 C$ 28.10
Market Cap C$ 6,382,018,301
Recent Sedar Documents

G Mining completes $80M (U.S.) drawdown of facility

2025-11-10 12:00 ET - News Release

Ms. Julie Lafleur reports

G MINING VENTURES COMPLETES FIRST DRAWDOWN ON US$350 MILLION REVOLVING CREDIT FACILITY

G Mining Ventures Corp. has completed the first scheduled drawdown of $80-million (U.S.) under its $350-million (U.S.) revolving credit facility previously announced on Oct. 6, 2025, related to development and construction of its 100-per-cent-owned Oko gold project in Guyana.

Proceeds from the drawdown were used to repay in full the outstanding senior secured term loan in the aggregate amount of $80-million (U.S.) previously provided by Franco-Nevada GLW Holdings Corp.

At current effective rates, the refinancing will generate annual interest savings of approximately $1.5-million (U.S.), further strengthening G Mining's balance sheet supporting continued disciplined growth across its portfolio.

"Executing this refinancing marks another step in optimizing our capital structure and improving capital efficiency," said Julie Lafleur, vice-president, finance, and chief financial officer. "By lowering our cost of debt, we're realizing meaningful savings while maintaining the financial strength to support Tocantinzinho's operations and the advancement of Oko West. These results reflect the disciplined financial management that underpins GMIN's strategy and ongoing value creation for shareholders."

About the revolving credit facility

The $350-million (U.S.) revolving credit facility was arranged with a syndicate of leading international lenders and provides enhanced liquidity and flexibility to support G Mining's operations and development pipeline. The facility has a term of four years, with a potential one-year extension at G Mining's option and is secured by the corporation's assets on standard market terms.

About G Mining Ventures Corp.

G Mining Ventures 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. G Mining is well positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. G Mining is currently anchored by the Tocantinzinho mine in Brazil, supported by the Gurupi project in Brazil and the Oko West project in Guyana -- all with significant exploration upside and located in mining-friendly jurisdictions. G Mining trades on the Toronto Stock Exchange under the symbol GMIN.

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