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- Lithium explorer Green Technology Metals (GT1) enters into a trading halt ahead of a capital raise
- Trading of the company’s shares will be paused until Friday, April 29 or until more details of the capital raising are released to the market
- The company has three projects, located in Ontario, Canada, with its flagship being the Seymour project
- Earlier this month, the company received high-grade assays from phase one of drilling at the North Aubry deposit within Seymour
- Shares in Green Technology Metals last traded at $1.16 each
Lithium explorer Green Technology Metals (GT1) has entered into a trading halt ahead of a capital raise.
It is unknown how much the company is seeking to raise or what the funds will utilised for.
Trading of the company’s shares will be paused until Friday, April 29 or until more details of the capital raising are released to the market.
The company’s flagship project is its Seymour project, located in Ontario, Canada.
Earlier this month, the company received high-grade assays from phase one of drilling at the North Aubry deposit within the project.
It has now begun phase two and phase three drilling at the Central Aubry zone and the Pye prospect.
It is also working to update its mineral resource estimate, which is expected to be completed during this quarter.
Other projects in its portfolio include the Root project and the Wisa project, also located in Canada.
Shares in Green Technology Metals last traded at $1.16 each.
