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An update from Chase Mining Corporation Limited ( (AU:GCM) ) is now available.
GCM Corporation Limited, listed on the ASX under the code GCM, has issued 12,750,000 fully paid ordinary shares without providing a disclosure document to investors, relying on the exemption provisions of the Australian Corporations Act. The company has confirmed it is compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, indicating the placement is being conducted within the standard regulatory framework and may modestly expand GCM’s capital base while maintaining transparency for existing shareholders and the market.
The most recent analyst rating on (AU:GCM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Chase Mining Corporation Limited stock, see the AU:GCM Stock Forecast page.
More about Chase Mining Corporation Limited
Average Trading Volume: 15,699,165
Technical Sentiment Signal: Sell
Current Market Cap: A$37.43M
Learn more about GCM stock on TipRanks’ Stock Analysis page.