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GBM Resources Advances Capital Raise with 245 Million Shares Issued

12:11pm on Friday 27th of June, 2025 AEST Mining
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GBM Resources Advances Capital Raise with 245 Million Shares Issued

12:11pm on Friday 27th of June, 2025 AEST
Key Points
  • 244.8 million shares issued in Tranche 1 at $0.006 per share
  • Tranche 2 proposes up to 1.87 billion shares to unrelated parties plus 49 million to directors
  • Shareholder approval required for Tranche 2 and related securities
  • Additional shares and options tied to farm-in agreement and convertible note redemption
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