G Mining Ventures Announces Approval of SUDAM Tax Incentive for Tocantinzinho Gold Mine
G Mining Ventures (OTCQX: GMINF) announced that SUDAM approved the Tocantinzinho (TZ) gold mine for the regional development tax incentive program on Oct 2, 2025. The approval reduces the Brazilian nominal corporate tax rate applicable to TZ from 34% to approximately 15.25% for a period of 10 years starting fiscal year 2025, with the incentive renewable after the initial term. Management says the measure is expected to materially enhance after-tax earnings and free cash flow. The release also notes local employment: over 80% of the workforce from Pará and 99.8% Brazilian employees. Management links the benefit to funding growth projects including Oko West in Guyana and exploration at Gurupi.
G Mining Ventures (OTCQX: GMINF) ha annunciato che SUDAM ha approvato la Tocantinzinho (TZ) gold mine per il programma di incentivi fiscali per lo sviluppo regionale il 2 ottobre 2025. L'approvazione riduce l'aliquota nominale dell'imposta sulle società brasiliana applicabile a TZ da 34% a circa 15,25% per un periodo di 10 anni a partire dall'esercizio fiscale 2025, con l'incentivo rinnovabile al termine iniziale. Il management sostiene che la misura dovrebbe aumentare in modo sostanziale gli utili netti dopo tasse e il flusso di cassa libero. Il comunicato segnala anche l'occupazione locale: oltre l'80% della forza lavoro proviene da Pará e 99,8% dei dipendenti sono brasiliani. Il management collega il beneficio al finanziamento di progetti di crescita tra cui Oko West in Guyana e l'esplorazione a Gurupi.
G Mining Ventures (OTCQX: GMINF) anunció que SUDAM aprobó la mina de oro Tocantinzinho (TZ) para el programa de incentivos fiscales por desarrollo regional el 2 de octubre de 2025. La aprobación reduce la tasa nominal de impuesto corporativo brasileño aplicable a TZ de 34% a aproximadamente 15,25% por un periodo de 10 años a partir del año fiscal 2025, con el incentivo renovable tras el término inicial. La dirección señala que la medida se espera que aumente sustancialmente los utilidades después de impuestos y el flujo de efectivo libre. El comunicado también destaca el empleo local: más del 80% de la fuerza laboral proviene de Pará y 99,8% de los empleados son brasileños. La dirección vincula el beneficio a la financiación de proyectos de crecimiento, incluyendo Oko West en Guyana y la exploración en Gurupi.
G Mining Ventures (OTCQX: GMINF)가 2025년 10월 2일에 지역 개발 세제 혜택 프로그램을 위해 Tocantinzinho (TZ) 금광을 승인했다고 발표했습니다. 이 승인으로 TZ에 적용되는 브라질의 명목 법인세율이 34%에서 약 15.25%로 10년 동안 낮아지며, 2025 회계연도부터 시작하고 초기 기간 이후에도 혜택을 갱신할 수 있습니다. 경영진은 이 조치가 세후 이익 및 자유현금흐름를 실질적으로 향상시킬 것으로 기대한다고 말합니다. 보도자료는 또한 현지 고용에 대해 언급하며: 파라 주에서 온 노동력이 80% 이상이고 직원의 99.8%가 브라질인이라고 합니다. 경영진은 이 이익이 Oko West(가이아나) 및 Gurupi의 탐사를 포함한 성장 프로젝트의 자금 조달에 사용될 것이라고 밝혔습니다.
G Mining Ventures (OTCQX : GMINF) a annoncé que SUDAM a approuvé la mine d'or Tocantinzinho (TZ) dans le cadre du programme d'incitatifs fiscaux pour le développement régional le 2 octobre 2025. Cette approbation fait passer le taux nominal d'impôt sur les sociétés brésilien applicable à TZ de 34% à environ 15,25% pour une période de 10 ans à partir de l'exercice 2025, l'incitatif étant renouvelable après la période initiale. La direction affirme que la mesure devrait améliorer substantiellement les résultats après impôt et le flux de trésorerie disponible. Le communiqué souligne également l'emploi local : plus de 80% de la main-d'œuvre provient de Pará et 99,8% des employés sont brésiliens. La direction relie ce bénéfice au financement de projets de croissance, notamment Oko West au Guyana et l'exploration à Gurupi.
G Mining Ventures (OTCQX: GMINF) gab bekannt, dass SUDAM die Tocantinzinho (TZ) Goldmine am 2. Oktober 2025 für das regionale Entwicklungssteueranreizprogramm genehmigt hat. Die Genehmigung reduziert die brasilianische nominale Körperschaftssteuer, die für TZ gilt, von 34% auf ca. 15,25% für einen Zeitraum von 10 Jahren ab dem Geschäftsjahr 2025, wobei der Anreiz nach der initialen Laufzeit erneuerbar ist. Das Management sagt, die Maßnahme werde voraussichtlich die nach Steuern erzielten Gewinne und den freien Cashflow deutlich erhöhen. Die Mitteilung verweist auch auf lokale Beschäftigung: Über 80% der Belegschaft stammen aus Pará und 99,8% der brasilianischen Arbeitnehmer. Das Management verknüpft den Nutzen mit der Finanzierung von Wachstumsprojekten, darunter Oko West in Guyana und Erkundungen in Gurupi.
G Mining Ventures (OTCQX: GMINF) أعلنت أن SUDAM وافق على منجم Tocantinzinho (TZ) للذهب ضمن برنامج حوافز ضريبية لتنمية إقليمية في 2 أكتوبر 2025. تقليل هذه الموافقة معدل ضريبة الشركات الاسمي البرازيلي المطبق على TZ من 34% إلى نحو 15.25% لمدة 10 سنوات ابتداءً من السنة المالية 2025، مع قابلية التجديد بعد الفترة الأولية. يقول الإدارة إن الإجراء من المتوقع أن يعزز بشكل ملموس الأرباح بعد الضريبة و التدفق النقدي الحر. كما يشير البيان إلى التوظيف المحلي: أكثر من 80% من القوة العاملة من ولاية بارا و99.8% من الموظفين برازيليون. تربط الإدارة هذه الفائدة بتمويل مشاريع النمو بما في ذلك Oko West في غيانا والاستكشاف في Gurupi.
G Mining Ventures (OTCQX: GMINF)宣布 SUDAM 已批准 Tocantinzinho (TZ) 金矿加入区域发展税收激励计划，日期为 2025 年 10 月 2 日。该批准将 TZ 适用的巴西名义企业税率从 34% 降至约 15.25%，为期 10 年，从 2025 财年开始，初始期限结束后可续期激励。管理层表示该措施预计将显著提升税后收益和 自由现金流。公告还提及本地就业情况：来自帕拉州的劳动力占比 超过 80%，99.8% 的员工为巴西人。管理层将此收益与资助增长项目联系起来，包括圭亚那的 Oko West 和 Gurupi 的勘探。
- Corporate tax rate lowered from 34% to ~15.25%
- Tax incentive duration: 10 years starting fiscal year 2025
- Incentive is renewable after the initial term
- Expected to materially enhance after-tax earnings and free cash flow
- Over 80% of workforce from Pará; 99.8% Brazilian employees
- None.
With this approval, the Brazilian nominal corporate income tax rate applicable to TZ will be reduced from
"The approval of this tax incentive further strengthens TZ's already robust economics and affirms the value of our investment in the Amazon region," said Louis-Pierre Gignac, President & Chief Executive Officer. "With over
About the SUDAM Program
SUDAM is a federal development agency tasked with fostering sustainable economic growth in the Amazon region of
About G Mining Ventures Corp.
G Mining Ventures Corp. 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. GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN is currently anchored by the Tocantinzinho Mine in
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release. Forward-looking statements contained in this press release include, without limitation, those related to (i) the SUDAM incentive being expected to enhance the Corporation's after-tax earnings and free cash flow generation; and (ii) in general, the sections entitled "About G Mining Ventures Corp." and "About the SUDAM Program"; as well as the quoted comments of GMIN's President & Chief Executive Officer.
Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions include, without limitation, those relating to the price of gold and currency exchange rates, those relating to the SUDAM incentive's perennity and those underlying the items listed in the above sections entitled "About G Mining Ventures Corp." and "About the SUDAM Program".
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) the SUDAM incentive will remain in force and provide a reduction of the tax rate over 10 years or any other period of time; or (ii) TZ will continue to be the engine funding the Corporation's growth pipeline; or (iii) GMIN will achieve its stated objectives for TZ; or (iv) TZ and Oko West will grow GMIN into the next mid-tier precious metals producer, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation's other filings with the securities regulators of
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SOURCE G Mining Ventures Corp
FAQ
What tax change did G Mining Ventures (GMINF) announce for the Tocantinzinho mine on Oct 2, 2025?
How long does the SUDAM tax incentive apply to Tocantinzinho (GMINF)?
How will the SUDAM approval affect G Mining Ventures' (GMINF) cash flow?
Does the Tocantinzinho press release mention local employment for GMINF?
Will the Tocantinzinho tax incentive fund other G Mining Ventures (GMINF) projects?
When was the SUDAM approval for Tocantinzinho publicly announced by G Mining Ventures (GMINF)?
