Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Green Technology Metals Limited ( (AU:GT1) ) has provided an announcement.
Green Technology Metals Limited has launched a fully underwritten non-renounceable pro-rata entitlement offer to existing eligible shareholders, allowing them to subscribe for 4 new shares for every 13 held at an issue price of $0.02 per share, to raise up to approximately $4 million before costs. Any entitlements not taken up will be offered as top-up shares on the same terms to shareholders who fully subscribe to their initial entitlement, with the structure meaning non-participating shareholders will face dilution while all new shares will rank equally with existing stock.
The entitlement and top-up offers are only available to shareholders with registered addresses in specified jurisdictions, including Australia, parts of Canada, the European Union (excluding Austria), Hong Kong, Korea, New Zealand, Singapore and the United Kingdom, and who meet applicable securities law requirements. Shares began trading ex-entitlement on 7 May 2026, and the offers are underwritten by Yelverton Capital, Canaccord Genuity (Australia) and Foster Stockbroking, providing funding certainty as the company moves to strengthen its capital base and support ongoing activities.
The most recent analyst rating on (AU:GT1) stock is a Buy with a A$0.16 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 an Australia-based company listed on the ASX under the code GT1. It operates in the resources and mining sector, focusing on battery and green-technology related metals, with its shareholder base largely concentrated in Australia and selected international jurisdictions.
Average Trading Volume: 1,603,387
Technical Sentiment Signal: Sell
Current Market Cap: A$20.42M
See more data about GT1 stock on TipRanks’ Stock Analysis page.