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An update from Great Divide Mining Ltd ( (AU:GDM) ) is now available.
Great Divide Mining Ltd has issued 5,023,478 new unlisted options, each exercisable at $0.50 and expiring on 22 December 2027, as previously flagged in an earlier capital markets filing. The options are unquoted and not intended to trade on the ASX, indicating a targeted form of equity-based consideration or incentive that will modestly increase the company’s potential future equity base if exercised, with implications for capital structure and dilution for existing shareholders over the medium term.
More about Great Divide Mining Ltd
Average Trading Volume: 30,765
Technical Sentiment Signal: Buy
Current Market Cap: A$16.03M
Find detailed analytics on GDM stock on TipRanks’ Stock Analysis page.