Taiton Resources Boosts Capital with New Shares and Loan

Taiton Resources Limited (AU:T88) has released an update.

Taiton Resources Limited has raised $217,175 through commitments for 1,447,834 new shares at $0.15 each, despite delays with a cornerstone investor. To support ongoing exploration, the company secured a $1,000,000 loan from AsiaPacific Businesslink, a major shareholder, with a 15% interest rate and 500,000 unlisted options as an establishment fee. The capital raising efforts continue as Taiton engages with other sophisticated investors.

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