How Will GBM’s A$40M Placement Unlock Drummond Basin’s Gold Potential?

• Approximately 752 million new shares issued at A$0.053 each
• Placement led by major shareholder Wise Walkers Limited with A$8.05 million commitment
• Funds aimed at advancing exploration and development of 1.84 million ounces gold resource
• Placement to be completed in two tranches, second tranche subject to shareholder approval