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Globe Metals & Mining Limited ( (AU:GBE) ) has provided an announcement.
Globe Metals & Mining Limited has secured a short-term unsecured loan facility of up to US$1.2 million from Director Bo Tan to address its working capital needs. This funding will enable the company to focus on completing its updated Feasibility Study and secure off-take agreements, without diluting existing shareholders’ interests, thereby strengthening its operational and market positioning.
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 primarily engaged in producing and supplying metals globally, with a strategic emphasis on enhancing its market presence through project completion and securing off-take agreements.
YTD Price Performance: 25.00%
Average Trading Volume: 19,049
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €16.2M
See more data about GBE stock on TipRanks’ Stock Analysis page.
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