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Globe Metals & Mining Limited ( (AU:GBE) ) has shared an update.
Globe Metals & Mining Limited announced a correction to its Notice of Annual General Meeting regarding the election of Mr. Xuedong Li as a non-board endorsed director. Initially described as an independent director, it has been clarified that Mr. Li would not be independent due to his directorship at Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co., Ltd, the parent company of Globe’s substantial shareholder. This correction aligns with ASX Corporate Governance Principles, impacting the company’s board composition and governance practices.
More about Globe Metals & Mining Limited
Globe Metals & Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker GBE and is based in West Perth, Western Australia.
YTD Price Performance: 32.43%
Average Trading Volume: 209,883
Technical Sentiment Signal: Buy
Current Market Cap: A$41.56M
For an in-depth examination of GBE stock, go to TipRanks’ Overview page.