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Green Technology Metals Limited ( (AU:GT1) ) has provided an announcement.
Green Technology Metals Limited has announced the issuance of 41,921,776 fully paid ordinary shares under the second tranche of a two-tranche placement, raising A$4.5 million. This move, approved by shareholders, is part of the company’s strategy to strengthen its financial position and advance its lithium business in Ontario, which could enhance its market positioning and benefit stakeholders by supporting the growth of the green technology sector.
The most recent analyst rating on (AU:GT1) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Green Technology Metals Limited stock, see the AU:GT1 Stock Forecast page.
More about Green Technology Metals Limited
Green Technology Metals Limited is a company focused on building a vertically integrated lithium business in Ontario, Canada. The company operates in the green technology sector, primarily dealing with lithium, which is a key component in battery production for electric vehicles and renewable energy storage.
Average Trading Volume: 2,155,057
Technical Sentiment Signal: Hold
Current Market Cap: A$24.35M
See more data about GT1 stock on TipRanks’ Stock Analysis page.