Mr. Ian Klassen reports

GMV MINERALS ANNOUNCES EXTENSION OF EXPIRY DATE FOR WARRANTS

GMV Minerals Inc. has applied to the TSX Venture Exchange to extend the expiry date for 4.5 million of its outstanding unlisted common share purchase warrants. The warrants, each of which is currently exercisable to purchase one common share of the company at 16 cents per share, were originally issued by the company as part of non-brokered unit private placement financing completed in June, 2022. The company will extend the expiry date of the warrants to 4:30 p.m. PT on June 24, 2026, subject to TSX-V approval.

The company currently has an aggregate of 4.5 million warrants issued and outstanding pertaining to the private placement, of which 4.5 million are eligible for amendment, pursuant to the policies of the exchange.

About GMV Minerals Inc.

GMV Minerals is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100-per-cent-owned subsidiary, has a 100-per-cent interest in a mining property lease commonly referred to as the Mexican Hat property, located in Cochise county, Arizona, United States. The project was initially explored by Placer Dome in the late 1980s to early 1990s. GMV is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production. The company's National Instrument 43-101 resource estimate (inferred) is 36,733,000 tonnes grading 0.58 gram per tonne gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold.