True North Copper ( (AU:TNC) ) just unveiled an update.
True North Copper Ltd has announced that Nebari Natural Resources AIV II, LP, along with its associated entities, has become a substantial holder in the company, acquiring a 6.40% voting power through the conversion of debt into shares and participation in an equity raise. This acquisition signifies a strategic financial maneuver for True North Copper, potentially impacting its operations and market positioning by strengthening its capital structure and aligning with strategic investors.
More about True North Copper
YTD Price Performance: -92.00%
Average Trading Volume: 236,105
Technical Sentiment Signal: Buy
Current Market Cap: A$30.57M
See more data about TNC stock on TipRanks’ Stock Analysis page.