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In September 2014, Graham stood down as CEO to become an 'executive strategic adviser' to the company in the USA. The news was followed by an 11% drop in the share price. [10] Anna Cicognani became acting CEO in February 2015. [11] Geo completed a $2.4m NZD capital raise in August 2015, to pursue growth opportunities in Australia. [12]
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The Geo-Mineral Exploration Corporation was formed in 1968, as a limited partnership of twelve mining-industry professionals. In 1969, with claims to three properties in hand, the Geo-Mineral partnership converted all shares to simple, and preferred stock certificates, as the board unanimously voted to change its structure into that of a Corporation.
(For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ. If the share price falls below that level, the stock is "delisted" and becomes an OTC (over the counter stock). A stock must have a price of $1 ...
For premium support please call: 800-290-4726 more ways to reach us
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In 1981, the company was founded by Chairman George Bishop. [1] [2]Margaret "Meg" Molleston, joined the company in 2006 and leads the management of GeoSouthern's assets.
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