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Tyranna Resources Issues Shares for Angolan Consulting Services

Story Highlights
  • Tyranna Resources focuses on battery and critical minerals exploration in Australia and overseas.
  • The company issued 500,000 shares for Angolan consulting services, adhering to regulatory standards.
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Tyranna Resources Limited ( (AU:TYX) ) has provided an update.

Tyranna Resources Limited announced the issuance of 500,000 shares at $0.004 per share as part of remuneration for consulting services in Angola. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legislative requirements, indicating transparency and adherence to regulatory standards.

More about Tyranna Resources Limited

Tyranna Resources Ltd is an Australian ASX-listed exploration company focused on the discovery and development of battery and critical minerals both in Australia and overseas. The company owns a significant stake in a lithium exploration project in the Giraul pegmatite field in Angola and holds potential nickel and gold tenements in Western Australia.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.44M

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

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