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InvestorNewsBreaks – G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) Secures SUDAM Tax Incentive for Tocantinzinho Gold Mine

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced that Brazil’s Superintendência do Desenvolvimento da Amazônia (SUDAM) has approved the inclusion of its Tocantinzinho Gold Mine in Pará State in the regional development tax incentive program. The approval reduces the nominal corporate income tax rate for TZ from 34% to approximately 15.25% for 10 years starting in fiscal 2025, renewable thereafter. CEO Louis-Pierre Gignac said the incentive strengthens TZ’s economics, expands margins, and boosts free cash flow to support growth initiatives including the Oko West Gold Project in Guyana and exploration at Gurupi.

To view the full press release, visit https://ibn.fm/gESpw

About G Mining Ventures Corp.

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) 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 TZ Gold Mine in Brazil and Oko West Gold Project in Guyana, both mining friendly and prospective jurisdictions.

NOTE TO INVESTORS: The latest news and updates relating to GMINF are available in the company’s newsroom at https://ibn.fm/GMINF

About InvestorWire

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