GMV Minerals Inc. announced that it has received CAD 0.45 million in funding from DCT Holdings Ltd.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 11 placees and insiders such as returning investor Alistair MacLennan of DCT Holdings Ltd. for 250,000 shares, CEO Ian Klassen for 250,000 shares and Michele Pillon for 250,000 shares. The company paid finder's fee to Redplug Inc. for CAD 2,400 in cash and 24,000 warrants. Each non-transferable finder's warrant entitles the holder to purchase one common share at CAD 0.16 per share at any time for a two-year period.