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Toubani Resources Issues Over 78 Million Shares Following Option Exercise

Story Highlights
  • Toubani Resources issued 78,180,293 shares after exercising unlisted options.
  • The share issuance aligns with compliance regulations, boosting Toubani’s project development capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toubani Resources Issues Over 78 Million Shares Following Option Exercise

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Toubani Resources Limited Registered Shs ( (AU:TRE) ) has shared an announcement.

Toubani Resources Limited has issued 78,180,293 shares following the exercise of unlisted options, as announced on October 20, 2025. The issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant sections of the Act, indicating a transparent and regulated process. This move is likely to impact Toubani’s financial positioning, potentially enhancing its capacity to further develop its gold project in West Africa.

The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.

More about Toubani Resources Limited Registered Shs

Toubani Resources Limited is focused on developing the next large gold development project in West Africa with its Kobada Gold Project, which is oxide-dominant. The company boasts a highly experienced board and management team with a successful track record in advancing projects from exploration through to production.

Average Trading Volume: 453,948

Technical Sentiment Signal: Buy

Current Market Cap: A$13.01M

Learn more about TRE stock on TipRanks’ Stock Analysis page.

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