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From: Goose94	3/22/2013 9:48:32 AM
	Read Replies (2) of 203260

GMV Minerals (GMV-V) working capital in excess of $1.6-million in cash and liquid securities, and no debt www.gmvminerals.com 64.6 million o/s GMV Minerals to scale back exploration in Guyana March 22, 2013 - News Release After a thorough review of its 2012 Guyana exploration program, the board of directors has determined that GMV Minerals Inc. will significantly scale back its exploration activities in Guyana for the remainder of 2013. GMV will retain its option to earn a 100-per-cent interest in select land packages, including one large prospecting licence and 97 medium-scale licences. The company currently has working capital in excess of $1.6-million in cash and liquid securities, and no debt. Certain assets related to surplus exploration operations that are no longer required are being sold. The proceeds from any such sales will be added to the company's working capital. GMV is actively searching for a value-added resource-based acquisition, and, to that end, the company has established a technical committee to review advanced opportunities that better suit the investment of company resources. The company will issue news if and when events surrounding a potential acquisition or investment become material. We seek Safe Harbor.

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