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Terra Uranium Expands with Share Issuance for Acquisition

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Terra Uranium Expands with Share Issuance for Acquisition

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Terra Uranium Limited ( (AU:T92) ) just unveiled an update.

Terra Uranium Limited has announced the issuance of 10,000,000 ordinary shares for the acquisition of Dundee Resources Pty Ltd and 6,172,901 shares to company directors, as approved by shareholders. This move, facilitated under the exemption of Section 708A of the Corporations Act 2001, allows the company to enhance its resource base and strengthen its market position, potentially impacting its operational capabilities and stakeholder interests positively.

More about Terra Uranium Limited

Terra Uranium Limited operates in the mining industry, focusing on the exploration and development of uranium resources. The company is engaged in acquiring and managing uranium projects, aiming to capitalize on the growing demand for uranium in the energy sector.

Average Trading Volume: 1,342,568

Technical Sentiment Signal: Buy

Current Market Cap: A$7.69M

See more data about T92 stock on TipRanks’ Stock Analysis page.

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