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Great Northern Minerals Limited ( (AU:GNM) ) just unveiled an update.
Great Northern Minerals has issued a cleansing prospectus for an offer of up to 10,000 listed options at a nil issue price, aimed at removing trading restrictions on all listed options issued prior to the offer’s closing date of 21 January 2026. The options offer is not underwritten and is classified as speculative, with the primary purpose being to enable freer secondary trading of the company’s options under section 708A(11) of the Corporations Act, which may enhance liquidity for existing option holders and support broader market participation in the company’s securities.
The most recent analyst rating on (AU:GNM) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Great Northern Minerals Limited stock, see the AU:GNM Stock Forecast page.
More about Great Northern Minerals Limited
Great Northern Minerals Limited (ASX: GNM) is an Australia-based resources company listed on the ASX, operating in the mining and exploration sector. The company is headquartered in Perth, Western Australia, and is overseen by a non-executive board, positioning it within the speculative end of the listed resources market.
YTD Price Performance: 13.33%
Average Trading Volume: 1,960,899
Technical Sentiment Signal: Hold
Current Market Cap: A$24.73M
For a thorough assessment of GNM stock, go to TipRanks’ Stock Analysis page.