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Gateway Mining Limited ( (AU:GML) ) has provided an update.
Gateway Mining Limited announced a change in the director’s interest, specifically involving Peter Langworthy, who acquired 7,768,441 Gateway Convertible Preference Shares. These shares were issued as part of an in-specie distribution by Strickland Metals Limited and were subsequently converted into fully paid ordinary shares. This transaction reflects Gateway Mining’s strategic financial maneuvers to strengthen its shareholder base and potentially enhance its market position.
More about Gateway Mining Limited
Gateway Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction and production of various minerals, aiming to enhance its market presence through strategic exploration activities.
Average Trading Volume: 1,087,079
Technical Sentiment Signal: Sell
Current Market Cap: A$11.45M
Find detailed analytics on GML stock on TipRanks’ Stock Analysis page.