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Great Divide Mining Announces Cleansing Offer to Enhance Share Liquidity

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Great Divide Mining Announces Cleansing Offer to Enhance Share Liquidity

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Great Divide Mining Ltd ( (AU:GDM) ) just unveiled an update.

Great Divide Mining Limited has announced a Cleansing Offer to issue up to 100 new shares at a price of A$0.42 per share. This offer is primarily aimed at removing trading restrictions on certain shares issued under the company’s placement, in accordance with section 708A(11) of the Corporations Act. The offer closes on April 2, 2025, and is intended to facilitate the free trading of shares, potentially enhancing liquidity and marketability for stakeholders.

More about Great Divide Mining Ltd

YTD Price Performance: 117.39%

Average Trading Volume: 48,937

Technical Sentiment Signal: Sell

See more data about GDM stock on TipRanks’ Stock Analysis page.

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