Company Update - Name Change to 'American Uranium Limited'
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| Stock | Gti Energy Ltd (GTR.ASX) |
|---|---|
| Release Time | 14 Jul 2025, 12:32 p.m. |
| Price Sensitive | Yes |
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GTR.ASX to change name to 'American Uranium Limited'
Key Points
- Shareholders to approve name change to 'American Uranium Limited' with new ASX code 'AMU'
- Seeking approval for second tranche of $1.97M placement, including $1.487M from cornerstone investor Snow Lake Energy
- Seeking approval for share consolidation, director participation, and ratification of previous share issues
Full Summary
GTI Energy Ltd (ASX:GTR) has announced that it has lodged a Notice of General Meeting (EGM) with the ASX, seeking shareholder approval for several matters, including a change of the company's name to 'American Uranium Limited' with the new ASX code 'AMU'. The EGM will also seek approval for the second tranche of a $4.5M placement, which includes a $1.487M commitment from cornerstone strategic investor Snow Lake Energy (NASDAQ:LITM). Additionally, the EGM will seek approval for a 1-for-40 share consolidation, ratification of previous share issues, the issue of options associated with the placement, and director participation in the placement.
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