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Gold Mountain slapped by ASIC

Explorer cops penalty after hype statements on PNG potential could have mislead investors

Haydn Black
Helicopter support of Gold Mountain's drilling.

Helicopter support of Gold Mountain's drilling.

In addition to paying a cash penalty of A$33,000 from its $2.9 million in cash at the end of June, Gold Mountain will be restricted from raising additional funds until July 20, 2019 by using the reduced-content...

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