GTI Resources Ltd (AU:GTR) has released an update.
GTI Energy Ltd has announced a new securities issuance, proposing to issue a maximum of 336,663,139 options exercisable at $0.01, expiring four years from the date of issue, with the proposed issue date set for September 13, 2024. The options are intended to be quoted on the ASX, subject to approval and in compliance with ASX Listing Rules. This strategic financial move aims to bolster the company’s capital structure and facilitate future growth.
For further insights into AU:GTR stock, check out TipRanks’ Stock Analysis page.
