GTI Resources Ltd (AU:GTR) has released an update.
GTI Energy Ltd has announced the issue of 95,441,021 new options, set to expire on September 25, 2028, at an exercise price of $0.01, effective from October 14, 2024. This move aims to expand the company’s financial flexibility and potentially dilute current shareholders. The issued securities are unquoted, meaning they are not traded on public stock exchanges.
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