An announcement from Gold Mountain Limited ( (AU:GMN) ) is now available.
Gold Mountain Limited announced a correction to the timetable of its accelerated pro rata renounceable entitlement offer. The retail offer will now open on 11 April 2025, with the prospectus and personalised entitlement forms being sent to eligible shareholders on the same date. This announcement ensures that shareholders are informed of the correct schedule, allowing them to participate in the offer as planned. The correction does not affect any other aspects of the timetable, maintaining the company’s strategic fundraising efforts to support its exploration activities.
More about Gold Mountain Limited
Gold Mountain Limited (ASX:GMN) is a mineral exploration company primarily focused on rare earth elements (REE) with projects in Brazil and Papua New Guinea (PNG). The company holds a diverse portfolio that includes REE and niobium assets, as well as lithium, nickel, copper, and gold exploration tenements. In Brazil, Gold Mountain has significant REE and REE-niobium licenses in Bahia and Minas Gerais, alongside lithium projects in the eastern Brazilian lithium belt and copper projects in the northeast. In PNG, the company is advancing the Green River Project, which has shown promising high-grade mineral samples.
Technical Sentiment Signal: Buy
Current Market Cap: A$9.16M
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