GTI Energy Extends Entitlement Offer Deadline; Shares Rise 33%

MT Newswires Live
2024-09-04

US-focused uranium explorer GTI Energy (ASX:GTR) has extended the closing date of its non-renounceable entitlement offer from Sept. 9 to Sept. 23, according to a Wednesday filing with the Australian bourse.

GTI Energy is offering one new share for every five existing shares at AU$0.004 per new share to raise AU$2 million, the filing said.

The company's shares rose over 33% in recent trade.

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