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GBM taps funding for Drummond Basin exploration

GBM Resources has gone back to the capital markets around a year after securing its Twin Hills gold project in Queensland’s Drummond Basin, to raise funding for its exploration ambitions.

Haydn Black
GBM has ambitions to become a mid-tier miner

GBM has ambitions to become a mid-tier miner

Collins Street Asset Management has agreed to advance A$10 million over two tranches of convertible notes, with an 8.75c conversion price.   The notes have a 10.5% interest rate, payable monthly, with...

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