GTI Resources Ltd (AU:GTR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
GTI Resources Ltd has successfully closed its Rights Issue, raising $474,718 from existing shareholders, with shares issued and expected to begin trading on September 26, 2024. The issue was underwritten by CPS Capital Group Pty Ltd for $1.6 million, which will additionally subscribe for shares and options to raise another $1,125,282. A subsequent Priority Option Offer is planned, potentially adding approximately $57,798.39 more to the company’s funds.
For further insights into AU:GTR stock, check out TipRanks’ Stock Analysis page.
