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Gold Mountain Issues 486 Million Shares, Awaits Shareholder Nod for More

1:22am on Monday 2nd of June, 2025 AEST Mining
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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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