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Green Technology Metals Issues Shares to Creditors in Strategic Move

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Green Technology Metals Issues Shares to Creditors in Strategic Move

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The latest announcement is out from Green Technology Metals Limited ( (AU:GT1) ).

Green Technology Metals Limited has issued nearly 15 million fully paid ordinary shares to creditors as an alternative to cash payments, aligning with its recent capital raise strategy. This move reflects the company’s efforts to manage its financial obligations while continuing to comply with regulatory requirements, potentially impacting its financial stability and market positioning.

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 operates in the lithium industry, focusing on building a vertically integrated lithium business in Ontario, Canada.

Average Trading Volume: 2,580,358

Technical Sentiment Signal: Hold

Current Market Cap: A$24.8M

See more data about GT1 stock on TipRanks’ Stock Analysis page.

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