Gateway Mining Limited (AU:GML) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Gateway Mining Limited has successfully completed the sale of gold rights at its Montague East Project to Brightstar Resources for $14 million, strengthening its financial position and retaining significant exploration rights. The deal also marks a leadership change, with Managing Director Mark Cossom stepping down after five years, transitioning to a strategic consultant role while Peter Langworthy becomes Executive Chair to guide the company’s future growth.
For further insights into AU:GML stock, check out TipRanks’ Stock Analysis page.