Group 6 Metals Completes Recapitalisation to Boost Tungsten Project

Group 6 Metals Limited ( (AU:G6M) ) has provided an announcement.

Group 6 Metals Limited has completed its recapitalisation process, finalised on 30 April 2025 following shareholder approval. The recapitalisation involved issuing shares, warrants, and options, with restrictions on their transfer until 30 April 2026. This move is expected to strengthen the company’s financial position and support the redevelopment of its Dolphin Mine, enhancing its standing in the tungsten industry.

More about Group 6 Metals Limited

Group 6 Metals Limited, formerly known as King Island Scheelite Limited, is an Australian resources exploration and development company. The company focuses on tungsten as its primary commodity, with its first project being the Dolphin Mine on King Island, Tasmania. The company aims to produce high-grade tungsten concentrate and plans to enhance its value for the upstream tungsten industry.

Technical Sentiment Signal: Sell

Current Market Cap: A$25.1M

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