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Gateway Mining Limited Issues 1.5 Billion Unquoted Convertible Preference Shares

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Gateway Mining Limited Issues 1.5 Billion Unquoted Convertible Preference Shares

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Gateway Mining Limited ( (AU:GML) ) has issued an update.

Gateway Mining Limited has announced the issuance of 1.5 billion unquoted convertible preference shares, which are not intended to be quoted on the ASX. This issuance is part of a previously announced transaction and may impact the company’s financial structure and stakeholder interests by potentially altering equity dynamics and future financial strategies.

More about Gateway Mining Limited

Average Trading Volume: 1,026,516

Technical Sentiment Signal: Sell

Current Market Cap: A$11.04M

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

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