GTI Resources Ltd (AU:GTR) has released an update.
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GTI Energy Ltd has dispatched its Priority Options Offer to eligible Australian and New Zealand optionholders, aiming to raise approximately $115,596 through the issue of new options priced at $0.001 each. The capital raised is earmarked for further resource drilling and exploration activities at the company’s Lo Herma, Green Mountain, and Utah Projects, as well as for working capital purposes. Optionholders interested in participating must respond by 5pm WST on 15 October 2024.
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