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Great Northern Minerals Limited ( (AU:GNM) ) has issued an announcement.
Great Northern Minerals Limited announced the issuance of 38,657,270 fully paid ordinary shares at $0.013 per share as part of Tranche 1 under their Placement. This move was executed without disclosure to investors as per the Corporations Act, indicating compliance with relevant legal provisions. The issuance aims to bolster the company’s financial position, potentially impacting its operational capabilities and market presence.
More about Great Northern Minerals Limited
Great Northern Minerals Limited is a company in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the code GNM.
YTD Price Performance: 478.57%
Average Trading Volume: 4,680,005
Technical Sentiment Signal: Hold
Current Market Cap: A$13.09M
Learn more about GNM stock on TipRanks’ Stock Analysis page.