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Golden State Mining Ltd. ( (AU:GSM) ) just unveiled an announcement.
Golden State Mining Ltd. has announced a proposed issue of securities, involving the placement of 187,500,000 new options and ordinary fully paid shares, with an exercise price of $0.015, set to expire 18 months from the date of issue. This strategic move is aimed at raising capital to support the company’s operations and growth initiatives, potentially strengthening its position in the mining sector and providing opportunities for stakeholders.
More about Golden State Mining Ltd.
Golden State Mining Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and processing of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 5,676,120
Technical Sentiment Signal: Sell
Current Market Cap: A$3.07M
Find detailed analytics on GSM stock on TipRanks’ Stock Analysis page.