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Gateway Mining Limited Announces Proposed Issue of Securities

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Gateway Mining Limited Announces Proposed Issue of Securities

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Gateway Mining Limited ( (AU:GML) ) just unveiled an announcement.

Gateway Mining Limited has announced a proposed issue of 20 million advisor options, set to expire on October 2, 2028, with an exercise price of $0.10 each. This move is part of a placement or other type of issue aimed at enhancing the company’s financial flexibility and supporting its strategic initiatives in the mining sector.

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 engaged in the discovery and extraction of gold and other valuable minerals, positioning itself as a key player in the resource sector.

Average Trading Volume: 3,512,505

Technical Sentiment Signal: Hold

Current Market Cap: A$124.4M

For a thorough assessment of GML stock, go to TipRanks’ Stock Analysis page.

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