Great Southern Mining Limited (AU:GSN) has released an update.
Great Southern Mining Limited (GSN) has announced the successful issuance of 61.9 million new shares at $0.020 each and an additional 948,509 shares to settle a consultancy invoice, all part of a capital raising effort involving professional and sophisticated investors. This strategic financial move was made without the need for a public disclosure under specific Australian corporate regulations, signifying the company’s compliance with the Corporations Act and a solid position with no undisclosed material information.
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