Ashanti Capital is pleased to have acted as joint lead manager to raise A$4.0m at A$0.095 for GME Resources.

Proceeds from the Placement will be applied towards the DFS for the NiWest Nickel-Cobalt Project and general working capital.

The Placement follows GME and Stellantis executing a non-binding MOU for future offtake of battery grade nickel and cobalt sulphate from NiWest.

Canaccord Genuity Australia and Ashanti Capital Pty Ltd acted as Joint Lead Managers and Sternship Advisers acted as corporate advisor to GME.

Congratulations to Paul Kopejtka and the GME Resources team on a successful raising.
ASX: GME Announcement 12 Oct 22