We are pleased with the level of support from our existing shareholders for the Offer and also for the strong interest shown by new investors to our investment proposition and our progress to date. These placements along with earlier placements in 2020, will result in GBM having an excess of $7.5 million (in cash and marketable securities on completion of the Offers and Placement) and will support our strategy to accelerate development and exploration activities across our portfolio.
Peter Rohner, MD and CEO of GBM Resources