Green Technology Metals Limited ( (AU:GT1) ) has provided an announcement.
Green Technology Metals Limited has announced a non-renounceable pro rata entitlement offer to raise approximately $4 million, with $3 million underwritten. The funds will be used for project development at the Seymour Lithium Project, including a Definitive Feasibility Study, and for a Pre-feasibility Study at the Thunder Bay lithium conversion facility. The offer is supported by company directors and long-term shareholders, indicating strong confidence in the company’s strategic direction and long-term outlook.
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 is involved in the development and production of lithium resources, with a particular emphasis on advancing projects like the Seymour Lithium Project and the Thunder Bay lithium conversion facility.
YTD Price Performance: -17.14%
Average Trading Volume: 141,561
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$22.55M
For a thorough assessment of GT1 stock, go to TipRanks’ Stock Analysis page.