GTI Resources Ltd (AU:GTR) has released an update.
GTI Resources Ltd has announced a non-renounceable entitlement issue aiming to raise up to $2.3 million, with the offer including an opportunity for shareholders to acquire additional shares and options. The fundraising efforts are partially underwritten by CPS Capital Group Pty Ltd and include offers targeting sophisticated and institutional investors, as well as incentives for the lead manager. Shareholders need to be aware of the speculative nature of the securities offered.
For further insights into AU:GTR stock, check out TipRanks’ Stock Analysis page.
