GMV MINERALS INC. Announces the Cancelling of Incentive Stock Options

VANCOUVER, BC, October 28, 2014 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX-V: GMV). The Company’s Board of Directors announces that it has cancelled an aggregate of 330,000 incentive stock options issued to certain directors, officers, and consultants. On a post consolidation basis, these options range in price from $1.50 to $6.50 and expire between August 27, 2015 and August 1, 2018. The cancellation represents a total of 3,300,000 incentive stock options issued pre-consolidation and ranging in price from $0.15 to $0.65.

About GMV Minerals Inc.

GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100% owned subsidiary, has a 100% interest in a Mining Property Lease commonly referred to as the Mexican Hat project, located in Cochise County, Arizona, USA. The Mexican Hat property contains an historic gold resource, which was initially explored by Placer Dome (USA) in the late 1980’s to early 1990’s. GMV is focused on developing the asset by confirming the presence of the historic resources and realizing the full mineral potential of the property through near term gold production.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way passed upon the merits of the transaction and has neither approved nor disproved the contents of this press release.

For further information please contact:

GMV Minerals Inc.
Ian Klassen
Tel: (604) 899-0106