GBZ 0.00% 0.7¢ gbm resources limited

Ann: Entitlement Offer - Despatch of Offer Documents, page-3

  1. 18 Posts.
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    The stated purpose of the options issue is "Acceleration of the Drummond Basin exploration activities, including drilling at the Company’s Twin Hills Project". In short, GBM are executing a particularly aggressive drill campaign at Twin Hills - over and above what White Dam can fund.
 
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