G.E.T.T Gold Inc (TSE:GETT) has released an update.
G.E.T.T Gold Inc. is set to restructure its financial framework by initiating a share consolidation, pending approval from the TSX Venture Exchange, with a 10:1 consolidation ratio aimed at bolstering the company’s financing capabilities. In addition, the company has granted over 9 million restricted share units to its executives and advisors, which will vest over the course of a year. These strategic moves are part of G.E.T.T Gold’s growth strategy that includes the deployment of its proprietary Thermal Fragmentation mining method and the development of its gold mining assets.
For further insights into TSE:GETT stock, check out TipRanks’ Stock Analysis page.