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Marmota Bets $1M on G4 Metals’ Copper IPO and Resource Milestones

3:08am on Monday 2nd of June, 2025 AEST Mining
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Marmota Bets $1M on G4 Metals’ Copper IPO and Resource Milestones

3:08am on Monday 2nd of June, 2025 AEST
Key Points
  • Sale of West Melton copper tenement EL 6701 to G4 Metals for $1 million in shares
  • Transaction contingent on G4 Metals’ successful IPO by end of 2026 and ministerial approval
  • Performance-based share payments linked to JORC resource milestones of 50,000 and 100,000 tonnes copper
  • Marmota retains upside exposure through substantial stake in G4 Metals
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