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Great Boulder Issues Over 11.4 Million New Shares on Option Exercise

Story Highlights
  • Great Boulder Resources issued 11,490,525 new ordinary shares from exercised options.
  • The company affirmed full compliance with reporting and disclosure rules and no undisclosed information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Boulder Issues Over 11.4 Million New Shares on Option Exercise

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An announcement from Great Boulder Resources Ltd ( (AU:GBR) ) is now available.

Great Boulder Resources Ltd has issued 11,490,525 fully paid ordinary shares following the exercise of options, with the shares being issued without a prospectus under the relevant provisions of the Corporations Act. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations, and stated it is not holding any undisclosed price-sensitive information, signalling regulatory compliance and transparency for existing and potential shareholders.

The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.

More about Great Boulder Resources Ltd

Great Boulder Resources Ltd is an Australian-listed resources company focused on mineral exploration and development, operating under the ASX code GBR. The company is based in Western Australia and is subject to Australian corporate and continuous disclosure regulations under the Corporations Act.

Average Trading Volume: 4,616,262

Technical Sentiment Signal: Buy

Current Market Cap: A$107.1M

For an in-depth examination of GBR stock, go to TipRanks’ Overview page.

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