GBZ 0.00% 1.0¢ gbm resources limited

Ann: Entitlement Issue Shortfall Notice and Share Placement, page-2

  1. 358 Posts.
    lightbulb Created with Sketch. 30
    So shortfall oversubscribed & a little extra capital raised through the placement of shortfall.
    Still 7.5 mill all up now for exploration activities & 5-6 mil in Novo shares if they take up Malmsbury & exploration covered for Malmsbury to the tune of 5 mil if all goes ahead.
    Possible 12.5-13.5 mil capital with 5mil funded exploration not bad for company with 20 mil market cap.
    Have to say return to trading today caught me by suprise.
    Hopefully news in not to distant future.
    Cheers
    Pickle
 
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