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home / news releases / GMIN:CC - ESG Milestone For Miner With Signing of Renewable Power Purchase Agreement

GMIN:CC - ESG Milestone For Miner With Signing of Renewable Power Purchase Agreement

G Mining Ventures Corp.

2023-06-01 09:21:46 ET

Sustainability is a crucial investment barometer and miners are no exception. This %PreciousMetals miner just signed a binding, multi-year, power purchase agreement, ensuring low-cost and renewably generated power to completely meet the requirement of a Brazilian project that will see approximately 25 percent lower than estimates used in the 2022 Feasibility Study, with fixed energy pricing for 2024, 2025 and 2026.

%GMiningVentures (TSXV: ) (OTCQX: ) is a mining company engaged in the acquisition, exploration and development of precious metal projects. The company announced in a press release that it has entered into a power purchase agreement with Companhia Energética de Minas Gerais and CEMIG Geração e Transmissão S.A., securing low-cost, 100% renewably generated power for its 100% owned Tocantinzinho Gold Project.

Canadian shares closed Wednesday trade at $1.10.

Stock Information
Company Name: G Mining Ventures Corp.
Stock Symbol: GMIN:CC
Market: TSXVC
Website: gminingventures.com
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