Gold Mountain Limited (ASX: $GMN) has requested a trading halt in its securities as it prepares to make an announcement regarding a proposed capital raising. The trading halt is expected to be lifted before the opening of trading on Friday, 8 March 2024.
The Company is not aware of any reason why the trading halt should not be granted. Gold Mountain Limited is actively exploring its highly prospective mineral assets in Brazil and Papua New Guinea, focusing on lithium, Rare Earths, nickel, copper, and gold. The proposed capital raising will support the Company's ongoing exploration and development efforts.
Gold Mountain Limited (ASX: $GMN) has requested a trading halt in preparation for an announcement regarding a proposed capital raising. The Company is actively exploring its mineral assets in Brazil and Papua New Guinea, with a focus on lithium, Rare Earths, nickel, copper, and gold. The proposed capital raising is expected to support the Company's exploration and development activities, reflecting its commitment to diversifying its project portfolio and pursuing opportunities in the mineral exploration sector.