Welcome to our dedicated page for Gold Mtn Mng news (Ticker: GMTNF), a resource for investors and traders seeking the latest updates and insights on Gold Mtn Mng stock.
Gold Mountain Mining Corp (GMTNF) is a British Columbia-based precious metals company focused on gold and silver production at its flagship Elk Gold Mine. This page provides investors and industry observers with timely updates on corporate developments, operational milestones, and strategic initiatives.
Access official press releases, financial disclosures, and exploration updates in one centralized location. Track key activities including production results, resource estimates, debt management progress, and partnership announcements. Our news collection enables informed analysis of GMTNF's operational performance and market positioning.
Content spans quarterly financials, mine expansion plans, drilling results, and management commentary. Regular updates cover metallurgical testing outcomes, permitting developments, and capital structure changes. All information is sourced directly from company filings and verified announcements.
Bookmark this page for streamlined monitoring of GMTNF's progress in British Columbia's mining sector. Combine real-time market data with fundamental operational updates to stay informed about this developing precious metals producer.
Gold Mountain Mining (OTCQB:GMTNF) has received demand for payment letters from creditor Nhwelmen Construction totaling approximately $11.16 million. The amount comprises $4.84 million for contract work on the Elk gold mining project and $6.32 million under a convertible debenture.
Unable to pay these amounts, the company's Board has consented to Nhwelmen's application to place the company into receivership, with MNP LLP to be appointed as receiver. The application is scheduled for July 31, 2025. Trading of the company's shares on the TSX has been halted.
Gold Mountain Mining (OTCQB:GMTNF) has announced a delay in filing its annual financial statements and related documents for the fiscal year ended March 31, 2025. The company, which previously received a management cease trade order (MCTO) on July 2, 2025, will not meet its revised filing deadline of July 30, 2025.
The company now expects to file the required documents by August 13, 2025. Gold Mountain will continue to provide bi-weekly status updates in accordance with National Policy 12-203 Management Cease Trade Orders while the default persists. The company confirms there have been no material changes since the initial default announcement on July 2, 2025.
Gold Mountain Mining (OTCQB:GMTNF) has provided an update regarding its previously announced management cease trade order (MCTO) issued by the British Columbia Securities Commission. The MCTO was issued due to the company's delay in filing its annual financial statements for the year ended March 31, 2025, along with related documentation.
The company expects to file the required documents by July 30, 2025, missing the original deadline of June 30, 2025. Gold Mountain will continue to provide bi-weekly status updates in accordance with National Policy 12-203 Management Cease Trade Orders. The company confirms there have been no material changes since the initial announcement on July 2, 2025.
[]Gold Mountain Mining (OTCQB:GMTNF) has secured an additional $600,000 in funding through an amended and restated secured convertible debenture with Nhwelmen Construction Limited Partnership, their Elk Gold Mine contract miner. The amendment increases the total principal amount from $5,000,000 to $5,600,000.
The debenture maintains its original terms, including a $0.08 per share conversion price, June 18, 2028 maturity, and 12.0% annual interest rate. If fully converted, it would result in 70,000,000 common shares being issued. The funding is secured by a second priority security interest over all company assets and requires Toronto Stock Exchange approval.
Gold Mountain Mining (OTCQB:GMTNF) has announced it will miss the June 30, 2025 deadline for filing its annual financial statements and related documents for the fiscal year ended March 31, 2025. The delay is attributed to the company's recent change in auditors, with Davidson & Company LLP appointed as the new auditor effective June 4, 2025.
The company has applied for a Management Cease Trade Order (MCTO) and expects to file the required documents by July 30, 2025. If granted, the MCTO would restrict trading by company executives and insiders but not affect general public trading. Gold Mountain will issue bi-weekly status updates until the situation is resolved.
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF) has released its Q4 2025 financial and operating results for the period ended January 31, 2025. The company announced a change in its fiscal year-end from January 31 to March 31 to better align with industry peers.
Key Q4 2025 metrics include:
- Gold sales of 291 oz from 10,055 tonnes at 1.23 g/t grade
- Revenue of $761,433 with average realized gold price of $2,583 per ounce
- Mine operating loss of $343,360
- Net loss of $1.46 million
- Adjusted EBITDA of $139,913
The company mined 10,055 tonnes of ore and 398,662 tonnes of waste from Siwash North Pit, with a strip ratio of 39.6. Low production was attributed to planned winter work program. The company has initiated an internal review of its NI 43-101 Technical Report, expected to complete by July 2025.
Gold Mountain Mining Corp (TSX:GMTN, OTCQB:GMTNF, FRA:5XFA) has announced a change in its financial year-end from January 31 to March 31. This strategic adjustment aims to better align the company's financial statements and continuous disclosure requirements with industry peers and external reporting obligations.
The company will file its annual disclosures in late June 2025, covering a 14-month period ending March 31, 2025. These disclosures will include audited financial statements in compliance with National Instrument 51-102. Additional details about the change and interim reporting procedures will be available in the Company's Notice of Change of Financial Year-End on SEDAR+.