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The latest update is out from Taiton Resources Limited ( (AU:T88) ).
Taiton Resources has issued 9,554,806 new fully paid ordinary shares to sophisticated and professional investors as part of a previously announced placement, with a further tranche to follow once delayed funds are received from a shareholder. The company has also aligned the expiry date of options issued under the placement, bonus issue and broker arrangements to 30 June 2029 to reduce administrative burden, and confirmed that the new shares were issued without a prospectus under applicable Corporations Act disclosure exemptions while maintaining ongoing compliance obligations.
More about Taiton Resources Limited
Taiton Resources Limited, listed on the Australian Securities Exchange under the code T88, is a resources company that raises capital through equity placements to sophisticated and professional investors to support its corporate and operational activities within the mining and exploration sector.
Average Trading Volume: 30,388
Technical Sentiment Signal: Buy
Current Market Cap: A$10.02M
Learn more about T88 stock on TipRanks’ Stock Analysis page.