Vancouver, British Columbia, September 7, 2017 – GMV Minerals Inc. (“GMV” or the “Company”) (TSX-V: GMV) is pleased to announce that Fundamental Research Corp. (“FRC”) — a Vancouver, Canada based investment research company, generating and distributing research to a global audience, including, investment banks, institutional investors, as well as professional investors and relevant members of the global investment community —published its equity analyst research report dated September 6, 2017, entitled, ‘GMV Minerals Inc. (TSXV: GMV) - Initiating Coverage – Attractive Undervalued Gold Deposit in Arizona’.
FRC’s research report on GMV was written and produced by senior analyst Siddharth Rajeev, B.Tech (Electronics Engineering), MBA (Finance), CFA, Vice-President – Head of Research with assistance from Analyst, Anthony de Ruijter, BA (Econ). FRC’s research department, headed by Sid Rajeev has covered hundreds of small and micro-cap companies and 150 exempt market/private issues from a broad array of industries including Energy, Mining, Real Estate and Technology. Sid Rajeev regularly provides media commentary on the valuation of small cap stocks and industries he covers. He also manages the FRC list of Top Picks, which are the stocks under FRC’s coverage which he has the highest conviction level about. These picks have historically helped FRC to a high rating in various third-party analyst performance rankings.
The FRC report is currently available to view, or to download, from FRC’s website - www.researchfrc.com or upon written request from FRC:
Fundamental Research Corp.
Analysts: Sid Rajeev and/or Anthony de Ruijter Suite 308 – 1155 West Pender Street
Vancouver, BC, Canada V6E 2P4
telephone: 604-682-7050, fax: 604-682-7001, email: firstname.lastname@example.org
The opinions expressed in the Research Report referenced above are the true opinions of the analyst about GMV and its industry. Any “forward looking statements” are FRC’s best estimates and opinions based upon information that is publicly available and that analysts believe to be correct, but have not independently verified with respect to truth or correctness. There is no guarantee that the analyst’s forecasts will materialize. Actual results will likely vary. The analysts and Fundamental Research Corp. “FRC” do not own any shares of GMV, do not make a market or offer shares for sale of GMV, and do not have any investment banking business with GMV. Although the Company has paid a fee to FRC to subsidize the high costs of research and monitoring (just as fees are paid to bond-rating agencies and auditors for their opinions), the Company is not responsible for the content, accuracy or timelines contained in an analyst’s report and the fee was not dependent on the opinion provided. In addition, readers should be aware, and are cautioned, that opinions, estimates, or forecasts contained in research analyst reports are not subject to the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) and have not received any endorsement or approval by GMV. As such, GMV does not imply or in any way represent that any of the reports, opinions, estimates, or forecasts regarding GMV made by research analysts complies with NI 43-101 or represent the opinions or beliefs of GMV or its management or representatives. In addition to information filed by GMV as found on SEDAR (www.sedar.com), readers should only refer to the technical report(s) of GMV relating to its projects for information about the projects prepared in accordance with NI 43-101. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, FRC analysts may not trade in any security under coverage. FRC’s full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, GMV has agreed to a minimum coverage term including an initial report and three updates. Coverage cannot be unilaterally terminated.
About GMV Minerals Inc.
GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100% owned subsidiary, has a 100% interest in a Mining Property Lease commonly referred to as the Mexican Hat project, located in Cochise County, Arizona, USA. The Mexican Hat property contains an Inferred Mineral Resource of 23,452,000 tonnes grading 0.70 grams of gold per tonne hosting 531,400 troy ounces of gold. The project was initially explored by Placer Dome (USA) in the late 1980’s to early 1990’s. GMV is focused on developing the asset and realizing the full mineral potential of the property through near term gold production.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian Klassen, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
GMV Minerals Inc.
Tel: (604) 899-0106
This news release may contain forward-looking statements based on assumptions and judgments of management of the Company regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements except as may be required by law.