GSTechnologies Ltd - Perth, Australia-based fintech company - Raises £2 million via placing at 1.90 pence per share. In addition, plans to raise £250,000 via retail offer at the same price. Funds raised will be principally used to accelerate the implementation of the GS Money strategy, including the advancement of the recently acquired CAKE business and Bake Cryptocurrency Platform, and potentially via further acquisitions.

Current stock price: 2.00 pence, down 27% in London on Tuesday

12-month change: up 63%

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