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An update from Tennant Minerals ( (AU:TMS) ) is now available.
Tennant Minerals Limited has announced a proposed issue of securities, including 55 million unlisted investor options and 33 million unlisted broker options, both exercisable at $0.01 and expiring on December 31, 2028. Additionally, 110 million ordinary fully paid shares are to be issued. This strategic move aims to raise capital for the company’s ongoing operations and potential expansion projects, potentially strengthening its position in the mining sector and offering new opportunities for investors.
More about Tennant Minerals
Tennant Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 1,146,939
Technical Sentiment Signal: Sell
Current Market Cap: A$4.56M
For an in-depth examination of TMS stock, go to TipRanks’ Stock Analysis page.
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