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Gateway Mining Limited ( (AU:GML) ) has shared an announcement.
Gateway Mining Limited has reported a change in the indirect holdings of director Andrew Bray, following the expiry of a tranche of unquoted options. Through L11 Capital Pty Ltd as trustee for the Gascoyne Family Trust, Bray’s 349,464 unquoted options with a $0.124 exercise price expiring on 31 March 2026 lapsed unexercised.
Following this expiry, Bray’s indirect interest now comprises 227,776,963 ordinary shares and 2,311,200 quoted options exercisable at $0.033 and expiring on 15 December 2026. The update reflects a simplification of the director’s derivative exposure, with no change to his substantial shareholding and no cash consideration involved in the transaction.
The most recent analyst rating on (AU:GML) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Gateway Mining Limited stock, see the AU:GML Stock Forecast page.
More about Gateway Mining Limited
Gateway Mining Limited is an Australian-listed resources company engaged in mineral exploration and development. The company focuses on identifying and advancing gold and other mineral assets, providing investors with leveraged exposure to commodity markets through equity and option-based securities.
Average Trading Volume: 3,040,879
Technical Sentiment Signal: Sell
Current Market Cap: A$141.7M
See more data about GML stock on TipRanks’ Stock Analysis page.