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Stanmore Resources
Offer
GEAR’s board raises takeover offer to 18.1 cents per share; all-cash consideration offer upped to 97.3 cents
The offer was revised after several factors, such as GEAR's financial performance for the FY2022, were considered.
March 19, 2023
Equity raising
GEAR plans to raise $86.9 million via placement a week after reporting record earnings
A week earlier, GEAR announced record earnings of US$251.3 million for FY2021, up 629%
February 27, 2022
Mining
Golden Energy and Resources buys remaining stake in Stanmore-linked company for US$30 million
Gear will buy out the 20.33% or 32.55 million shares in Global Investments (Australia) held by the Ascend Global Investment Fund.
December 10, 2021