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Green Technology Metals Limited ( (AU:GT1) ) just unveiled an announcement.
Green Technology Metals Limited has secured firm commitments for a two-tranche placement to raise approximately A$4.5 million. The funds will be used to advance the Seymour Lithium Project, including the completion of the Seymour DFS and project development activities. This financial move is expected to enhance the company’s operational capacity and deliver long-term value to shareholders, reinforcing its position in the lithium industry.
The most recent analyst rating on (AU:GT1) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Green Technology Metals Limited stock, see the AU:GT1 Stock Forecast page.
More about Green Technology Metals Limited
Green Technology Metals Limited (ASX: GT1) is a North American-focused lithium exploration and development company with a global Mineral Resource estimate of 30.4 million tonnes at 1.17% Li2O. The company is primarily involved in lithium projects, including the Root Project, which comprises open pit and underground resources.
Average Trading Volume: 1,002,287
Technical Sentiment Signal: Sell
Current Market Cap: A$15.68M
For detailed information about GT1 stock, go to TipRanks’ Stock Analysis page.