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Why Is GBM Resources Stalled on $5 Million Placement from China?

Why Is GBM Resources Stalled on $5 Million Placement from China?

GBM Resources has partially completed its $8 million placement to Wise Walkers but faces delays in receiving the remaining funds due to Chinese foreign exchange controls. Shareholder approval for the balance is now pending.
Maxwell Dee
Maxwell Dee
19 Dec 2025