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The latest announcement is out from Great Boulder Resources Ltd ( (AU:GBR) ).
Great Boulder Resources Ltd has applied for quotation of 145,513,964 new fully paid ordinary shares on the ASX, expanding its listed securities base under the code GBR. The issuance, formalised through an Appendix 2A filing, signals a significant increase in the company’s tradable equity, which may provide additional capital flexibility and potentially impact existing shareholders through dilution and enhanced market liquidity.
The new shares are scheduled to be quoted from May 13, 2026, aligning with previously announced transactions detailed in an earlier Appendix 3B. This step consolidates prior capital-raising or share-issue activities into the company’s official quoted capital, reinforcing compliance with ASX listing rules and positioning Great Boulder Resources for future funding and project development opportunities.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is an Australian-listed resources company operating in the minerals exploration sector. The company focuses on discovering and advancing mineral projects, with its shares listed on the ASX under the ticker GBR.
Average Trading Volume: 6,190,755
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$120.9M
For a thorough assessment of GBR stock, go to TipRanks’ Stock Analysis page.