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Great Northern Minerals Limited ( (AU:GNM) ) has provided an announcement.
Great Northern Minerals Limited has announced a proposed issue of securities, including 66,666,667 unlisted options and 161,342,730 fully paid ordinary shares. This move is aimed at raising capital to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the mining sector and offering new opportunities for stakeholders.
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 engaged in the extraction and processing of minerals, with a market focus on expanding 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
Find detailed analytics on GNM stock on TipRanks’ Stock Analysis page.