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Eden Innovations to Complete Georgia Property Sale, Reducing Debt

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Eden Innovations to Complete Georgia Property Sale, Reducing Debt

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Tasman Resources ( (AU:TAS) ) has provided an update.

Eden Innovations Ltd has announced the targeted completion date for the sale of its Georgia property, set for 3 November 2025, at a price of US$5 million. The sale is expected to significantly reduce the company’s financing costs by repaying over US$4 million of its current loan, enhancing its financial stability and operational efficiency.

More about Tasman Resources

Eden Innovations Ltd is a company involved in the industrial sector, focusing on the development and commercialization of innovative technologies. The company is known for its advancements in concrete and hydrogen technologies, aiming to improve efficiency and sustainability in these areas.

YTD Price Performance: 6.67%

Average Trading Volume: 84,525

Technical Sentiment Signal: Sell

Current Market Cap: A$4.47M

For an in-depth examination of TAS stock, go to TipRanks’ Overview page.

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