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GPM Metals ups private placement to C$4.3M from C$3.8M

GPM Metals Inc.said May 2 that it has increased the size of its previously announced nonbrokered private placement.

The company now plans to raise about C$4.3 million by issuing28,333,333 special warrants priced at 15 cents apiece.

GPM Metals previously said it would raise up to C$3.8 millionby issuing up to 25 million common shares at 15 cents each.

The closing of the placement remains unchanged.