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Gold Mountain Limited ( (AU:GMN) ) just unveiled an announcement.
Gold Mountain Limited has issued 433,049 ordinary shares in lieu of cash payment for Director’s fees, as approved at the 2024 AGM. This move is part of the company’s compliance with the Corporations Act and reflects its ongoing exploration efforts, particularly in Brazil and PNG, although assay results from these programs are still pending.
More about Gold Mountain Limited
Gold Mountain Limited (ASX:GMN) is a mineral exploration company focused on rare earth elements (REE) with projects in Brazil and Papua New Guinea (PNG). The company also explores lithium, nickel, copper, and gold, with significant holdings in Brazil’s Bahia and Minas Gerais regions, and is advancing the Green River Project in PNG.
Average Trading Volume: 144,060
Technical Sentiment Signal: Sell
Current Market Cap: A$12.96M
Learn more about GMN stock on TipRanks’ Stock Analysis page.