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Great Northern Minerals Limited ( (AU:GNM) ) has provided an announcement.
Great Northern Minerals Limited has announced a proposed issue of 80 million new securities in the form of options, exercisable at $0.02 and expiring two years from the date of issue. This strategic move aims to raise capital and potentially strengthen the company’s financial position, which could impact its operational capabilities and market competitiveness.
More about Great Northern Minerals Limited
Great Northern Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and processing of precious metals, with a market focus on increasing its resource base and enhancing shareholder value.
YTD Price Performance: 28.57%
Average Trading Volume: 243,934
Technical Sentiment Signal: Hold
Current Market Cap: A$2.78M
See more data about GNM stock on TipRanks’ Stock Analysis page.