GTI Energy Adjusts Share and Option Prices
Company Announcements

GTI Energy Adjusts Share and Option Prices

GTI Resources Ltd (AU:GTR) has released an update.

GTI Energy Limited has updated its original prospectus with a supplementary document, adjusting the issue prices of its New Shares and New Options to ensure compliance with ASX Listing Rules. The New Shares are now offered at $0.004 each, aiming to raise approximately $2.04 million before costs, while the New Options are priced at $0.001 each, with the potential to raise around $115,597. This move is part of a non-renounceable entitlement issue, with the offers partially underwritten up to $1.6 million.

For further insights into AU:GTR stock, check out TipRanks’ Stock Analysis page.

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