Green Technology Metals Limited ( (AU:GT1) ) has provided an update.
Green Technology Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $4 million. This offer allows eligible shareholders to purchase new shares and options, with the initiative partially underwritten by Bell Potter Securities Limited and Canaccord Genuity (Australia) Limited. The offer is limited to shareholders in specific regions, excluding those deemed ineligible due to regulatory and cost considerations. This capital raising effort aims to strengthen the company’s financial position and support its strategic initiatives in the green technology sector.
More about Green Technology Metals Limited
Green Technology Metals Limited operates in the green technology sector, focusing on the development and commercialization of sustainable metal products. The company is listed on the Australian Securities Exchange (ASX: GT1) and is engaged in initiatives to support eco-friendly technologies.
YTD Price Performance: -44.29%
Average Trading Volume: 194,403
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.55M
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