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Techgen Metals Ltd Announces Proposed Securities Issue

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Techgen Metals Ltd Announces Proposed Securities Issue

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An announcement from Techgen Metals Ltd. ( (AU:TG1) ) is now available.

Techgen Metals Ltd has announced a proposed issue of securities, which includes 66,666,667 ordinary fully paid shares and 33,333,333 options expiring on September 9, 2028. This move is part of a placement or other type of issue, and the proposed issue date is set for September 15, 2025. This announcement could potentially enhance the company’s capital base, thereby supporting its operational and strategic initiatives, and may influence its market positioning and stakeholder interests.

More about Techgen Metals Ltd.

Techgen Metals Ltd is a company operating in the metals industry, focusing on the production and distribution of various metal products. The company is listed on the Australian Securities Exchange (ASX) under the code TG1.

Average Trading Volume: 2,588,397

Technical Sentiment Signal: Buy

Current Market Cap: A$9.04M

See more insights into TG1 stock on TipRanks’ Stock Analysis page.

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