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Gateway Mining Issues 1.5 Billion New Shares

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Gateway Mining Issues 1.5 Billion New Shares

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Gateway Mining Limited ( (AU:GML) ) has shared an announcement.

Gateway Mining Limited has issued 1.5 billion fully paid ordinary shares following the conversion of convertible preference shares. This move, executed without investor disclosure under specific provisions of the Corporations Act, signifies compliance with regulatory requirements and potentially strengthens the company’s financial position.

More about Gateway Mining Limited

Gateway Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources.

Average Trading Volume: 1,076,692

Technical Sentiment Signal: Sell

Current Market Cap: A$11.45M

For a thorough assessment of GML stock, go to TipRanks’ Stock Analysis page.

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