Tesoro Gold ( (AU:TSO) ) just unveiled an announcement.
Tesoro Gold Ltd has announced a proposed issue of securities, which includes the issuance of 15 million unlisted options and over 461 million ordinary fully paid shares. This move is part of a strategic effort to raise capital and potentially expand its operations, reflecting the company’s ambition to strengthen its position in the gold mining sector. The issuance is scheduled for April 29, 2025, and is expected to impact the company’s financial structure and stakeholder interests.
More about Tesoro Gold
Tesoro Gold Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and extracting gold deposits, aiming to enhance its market presence and capitalize on the demand for precious metals.
YTD Price Performance: 220.0%
Average Trading Volume: 10,000
Current Market Cap: $27.61M
Learn more about TSO stock on TipRanks’ Stock Analysis page.