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Gateway Mining Limited Issues 36 Million Unquoted Performance Rights

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Gateway Mining Limited Issues 36 Million Unquoted Performance Rights

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

Gateway Mining Limited has announced the issuance of 36 million unquoted performance rights as part of an employee incentive scheme. These securities, which are not intended to be quoted on the ASX, are set to expire between 2028 and 2030, potentially impacting the company’s employee retention and motivation strategies.

The most recent analyst rating on (AU:GML) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Gateway Mining Limited stock, see the AU:GML Stock Forecast page.

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 identifying and extracting valuable minerals, contributing to the supply chain of raw materials for various industrial applications.

Average Trading Volume: 10,076,110

Technical Sentiment Signal: Buy

Current Market Cap: A$183.4M

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

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