15:56:59 EDT Tue 20 Oct 2026
Enter Symbol
or Name
USA
CA



Germanium Mining Corp
Symbol GMC
Shares Issued 20,687,217
Close 2026-10-19 C$ 0.14
Market Cap C$ 2,896,210
Recent Sedar+ Documents

Germanium Mining increases financing to $500,000

2026-10-20 10:51 ET - News Release

Mr. Mario Pezzente reports

GERMANIUM MINING CORP. INCREASES NON-BROKERED PRIVATE PLACEMENT, ANNOUNCES DEBT SETTLEMENT & HIRES SENERGY COMMUNICATIONS CAPITAL INC.

Germanium Mining Corp. has increased its previously announced (Oct. 7, 2026) non-brokered private placement to up to 3,333,333 units at 15 cents per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional share of the company at 17.5 cents per share for a period of 24 months from the date of issuance.

The net proceeds from the placement will be allocated toward general corporate purposes, including arm's-length payables and investor relations fees. In accordance with the regulations of the Canadian Securities Exchange, a finder's fee may be applicable.

Further, the company announces a shares-for-debt transaction to issue 1.47 million units at a deemed price of 15 cents per unit to settle $220,500 of debt. Each unit will consist of one share and a warrant, entitling the holder to purchase one additional share of the company at 17.5 cents per share for a period of 24 months from the date of issuance.

All securities issued pursuant to the private placement and the shares-for-debt transaction will be subject to a hold period of four months and one day as required under applicable securities legislation.

The company has retained Senergy Communications Capital Inc. for an up-to-six-month digital marketing campaign, with the option to renew after the contract expires. Senergy will commence services effective on or about Nov. 2, 2026, subject to both the private placement and the shares-for-debt transaction having closed. Senergy will provide services to the company that consist of digital marketing and advertising services, influencer marketing and newsletter marketing, landing page development, and native advertising in Europe.

Senergy is a communications and media marketing company based in Vancouver, B.C., focused on helping public companies reach new investors and maintain relationships with shareholders using on-line strategies. Senergy is appointed for up to a six-month renewable term for consideration of up to $250,000 that may be allocated at the company's discretion in all or part. Senergy and its principal and chief executive officer, Aleem Fidai, are at arm's length to the company and do not hold any securities in the company. Senergy is located at 1122 Mainland St., Suite 228, Vancouver, B.C., V6B 5L1 (e-mail: aleem@senergy.capital, telephone: 778-772-6740).

The closing of the private placement, the shares-for-debt transaction and the agreement with Senergy are subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.

About Germanium Mining Corp.

Germanium Mining is a publicly traded mineral exploration company focused on the exploration and advancement of discovery-stage mineral properties in top-tier mining jurisdictions across North America.

We seek Safe Harbor.

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