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State: 21.04.2025 | 12PM
Fri, 28.03.2025       G Mining Ventures Corp.
CA36261G1028

All amounts are in USD unless stated otherwise

BROSSARD, QC, March 28, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation" or "we") (TSX: GMIN) (OTCQX: GMINF) is pleased to report its production and financial results1 for the fourth quarter and full year ended December 31, 2024.

Fourth Quarter 2024 Highlights First Full Quarter of Commercial Production

Production: 40,147 ounces ("oz") of gold ("Au") in DoréGold sold totaled 39,938 ozOperating Costs: All-in sustaining costs2 ("AISC") of $862 per oz Au soldNet Income: $47.6 million, or $0.21 per share – basicAdjusted Net Income2: $58.0 million or $0.26 per share – basicAdjusted EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization)2: $77.9 millionCash Flow from Operating Activities: $73.2 million before the net change in non-cash working capital itemsFree Cash Flow2: $53.0 million, or $0.24 per share – basicCash and Cash Equivalents: $141.2 million
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