The latest update is out from Gold Mountain Limited ( (AU:GMN) ).
Gold Mountain Limited is offering a renounceable pro rata offer to its eligible shareholders, aiming to raise approximately $3,052,815 before issue costs by issuing up to 1,526,407,728 new shares at $0.002 per share. This offer, which is fully underwritten, includes one attaching option for every new share issued and is not available to US persons or in the United States. The offer is structured as a transaction-specific prospectus, allowing for a more concise document that focuses on the effects of the new share issuance on the company.
More about Gold Mountain Limited
Technical Sentiment Signal: Buy
Current Market Cap: A$9.16M
For detailed information about GMN stock, go to TipRanks’ Stock Analysis page.