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Tombador Iron Secures ASX Extension Amid Acquisition Plans

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Tombador Iron Secures ASX Extension Amid Acquisition Plans

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Tombador Iron Ltd. ( (AU:TI1) ) has issued an update.

Tombador Iron Limited has received an extension from the ASX to delay its delisting until January 11, 2026. This extension allows the company to finalize its acquisition of GoviEx Uranium Inc and complete a public offer to raise funds, which are crucial steps for resuming trading of its securities and complying with ASX listing rules.

More about Tombador Iron Ltd.

Tombador Iron Limited, soon to be renamed Atomic Eagle Limited, operates in the mining industry with a focus on acquiring and managing mineral resources. The company is currently involved in a significant acquisition of GoviEx Uranium Inc, aiming to enhance its market position.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$30.22M

See more insights into TI1 stock on TipRanks’ Stock Analysis page.

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