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Green Technology Metals Limited Announces Proposed Securities Issuance

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Green Technology Metals Limited Announces Proposed Securities Issuance

Green Technology Metals Limited ( (AU:GT1) ) has shared an announcement.

Green Technology Metals Limited has announced a proposed issuance of securities, including 25,243,643 unlisted options and 100,974,571 fully paid ordinary shares. This move is part of a standard pro rata issue, which is non-renounceable, and is aimed at raising capital to support the company’s operations and growth initiatives. The issuance is scheduled with key dates including an ex-date of March 20, 2025, and an issue date of April 24, 2025. This strategic financial maneuver is expected to bolster the company’s market position and provide the necessary funds to advance its green technology projects.

More about Green Technology Metals Limited

Green Technology Metals Limited operates in the green technology sector, focusing on the development and production of sustainable metal products. The company is involved in the exploration and production of metals that are essential for green technology applications, positioning itself in a market that emphasizes sustainability and environmental responsibility.

YTD Price Performance: -17.14%

Average Trading Volume: 141,561

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$22.55M

For an in-depth examination of GT1 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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