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Gateway Mining Director Increases Stake with Major Share Acquisition

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Gateway Mining Director Increases Stake with Major Share Acquisition

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Gateway Mining Limited ( (AU:GML) ) has shared an announcement.

Gateway Mining Limited has announced a significant change in the interest of its director, Andrew Bray, who has acquired 90,363,636 fully paid ordinary shares through on-market cross trades, valued at $4,970,000. This acquisition increases Bray’s holdings to a total of 159,318,287 ordinary shares, indicating a strong commitment to the company’s future prospects and potentially impacting its market position and stakeholder confidence.

More about Gateway Mining Limited

Gateway Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and processing of minerals, with a market focus on expanding its resource base and enhancing shareholder value.

Average Trading Volume: 6,007,603

Technical Sentiment Signal: Hold

Current Market Cap: A$116.7M

See more insights into GML stock on TipRanks’ Stock Analysis page.

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