BRIEF-GBM Resources To Raise A$13 Million Through Placement

Reuters

24 Jun

BRIEF-GBM Resources To Raise A$13 Million Through Placement

June 24 (Reuters) - GBM Resources Ltd GBZ.AX:

TO RAISE A$13 MILLION THROUGH PLACEMENT
IAN MIDDLEMAS TO BECOME CHAIRMAN OF GBM
SUNNY LOH TRANSITIONS FROM CHAIRMAN TO NON-EXECUTIVE DIRECTOR
PLACEMENT AT AN ISSUE PRICE OF A$0.006 PER SHARE
PETER ROHNER WILL STEP DOWN AS MANAGING DIRECTOR, BUT REMAIN AS CEO UNTIL CONTRACT EXPIRES ON 31 JULY

Further company coverage: GBZ.AX

((Reuters.Briefs@thomsonreuters.com;))

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