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GCM Corporation Seeks Quotation of 12.75 Million New Shares on ASX

Story Highlights
  • GCM Corporation has applied to quote 12.75 million new ordinary fully paid shares.
  • The additional share quotation will expand GCM’s equity base and may affect shareholder dilution and capital flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GCM Corporation Seeks Quotation of 12.75 Million New Shares on ASX

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Chase Mining Corporation Limited ( (AU:GCM) ) has shared an announcement.

GCM Corporation Limited, listed on the ASX under code GCM, has applied for quotation of additional ordinary fully paid shares, expanding its listed equity base. The company has lodged an application for 12,750,000 new ordinary fully paid shares to be quoted on 14 January 2026, a move that will increase the total number of securities on issue and may impact existing shareholders through capital structure changes and potential dilution, while providing the company with greater financial flexibility depending on the purpose of the issuance.

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

See more data about GCM stock on TipRanks’ Stock Analysis page.

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