Gateway Mining Limited (AU:GML) has released an update.
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Gateway Mining Limited has successfully completed the sale of gold rights at its Montague East Project to Brightstar Resources for $14 million, strengthening its financial position and retaining significant exploration rights. The deal also marks a leadership change, with Managing Director Mark Cossom stepping down after five years, transitioning to a strategic consultant role while Peter Langworthy becomes Executive Chair to guide the company’s future growth.
For further insights into AU:GML stock, check out TipRanks’ Stock Analysis page.
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