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Tirupati Graphite Issues New Shares for Growth
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Tirupati Graphite Issues New Shares for Growth

Tirupati Graphite Plc (GB:TGR) has released an update.

Tirupati Graphite Plc, a key player in the flake graphite market crucial for the global energy transition, has announced the issuance of 5,209,090 ordinary shares to settle amounts owed for past services. The new shares will be admitted for trading on the London Stock Exchange around May 10, 2024, expanding the company’s issued share capital to 129,508,310 shares. This move comes as the company continues to operate and develop high-quality flake graphite projects in Madagascar and Mozambique, emphasizing sustainable and green applications in various industries.

For further insights into GB:TGR stock, check out TipRanks’ Stock Analysis page.

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