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Gold Mountain Issues 486 Million Shares, Awaits Shareholder Nod for More
1:22am on Monday 2nd of June, 2025 AEST
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Gold Mountain Issues 486 Million Shares, Awaits Shareholder Nod for More
1:22am on Monday 2nd of June, 2025 AEST
Key Points
Issued 485.9 million shortfall shares and options to underwriter Jose Luis Manzano
Magnus Capital to subscribe for an equal amount pending shareholder approval
Shares issued under ASX Listing Rules 7.1 and 7.1A without prior shareholder consent
Magnus Capital’s stake to reach 21.53%, triggering additional regulatory requirements
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