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Tungsten Mining NL Announces Proposed Securities Issue

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Tungsten Mining NL Announces Proposed Securities Issue

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The latest update is out from Tungsten Mining NL ( (AU:TGN) ).

Tungsten Mining NL announced a proposed issue of 141,660,385 ordinary fully paid securities, with the issuance date set for October 7, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its operational capacity and market positioning within the tungsten industry.

More about Tungsten Mining NL

Tungsten Mining NL operates in the mining industry, focusing on the exploration and development of tungsten projects. The company is engaged in producing tungsten, a critical mineral used in various industrial applications, and aims to strengthen its market position in the global tungsten supply chain.

Average Trading Volume: 194,243

Technical Sentiment Signal: Buy

Current Market Cap: A$85.35M

For a thorough assessment of TGN stock, go to TipRanks’ Stock Analysis page.

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