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