Great Southern Mining Limited Issues New Shares to Directors

Story Highlights
  • Great Southern Mining issued 8,982,352 shares to directors, raising $0.153 million.
  • The issuance complies with legal provisions, strengthening the company’s financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Southern Mining Limited Issues New Shares to Directors

Great Southern Mining Limited ( (AU:GSN) ) has provided an update.

Great Southern Mining Limited announced the issuance of 8,982,352 shares to certain directors, raising $0.153 million. This share issuance aligns with the terms set in December 2024, and the company has complied with relevant legal provisions, indicating a strategic move to strengthen its financial position.

More about Great Southern Mining Limited

Great Southern Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources in Australia.

YTD Price Performance: 15.00%

Average Trading Volume: 943,934

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$22.72M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App