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Gateway Mining Limited Announces Proposed Issue of Convertible Preference Shares

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Gateway Mining Limited Announces Proposed Issue of Convertible Preference Shares

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

Gateway Mining Limited announced a proposed issue of 1.5 billion convertible preference shares, scheduled for August 25, 2025. This move is part of a strategic effort to enhance its financial flexibility and strengthen its market position, potentially impacting stakeholders by increasing the company’s capital base.

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 primarily engaged in the extraction and processing of minerals, catering to various market demands.

Average Trading Volume: 731,294

Technical Sentiment Signal: Hold

Current Market Cap: A$11.04M

See more insights into GML stock on TipRanks’ Stock Analysis page.

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