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Strickland Metals Distributes 1.2 Billion Gateway Shares to Shareholders

10:41pm on Friday 29th of August, 2025 AEST Mining
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Strickland Metals Distributes 1.2 Billion Gateway Shares to Shareholders

10:41pm on Friday 29th of August, 2025 AEST
Key Points
  • In-specie distribution of 1.2 billion Gateway convertible preference shares completed
  • Shareholders received approximately 53 Gateway shares per 100 Strickland shares held
  • Convertible preference shares to convert into fully paid ordinary shares on 26 August 2025
  • Strickland retains a 15.7% stake in Gateway Mining post-distribution
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