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Taiton Resources Limited ( (AU:T88) ) has issued an update.
Taiton Resources Limited has issued 13,348,000 fully paid ordinary shares to sophisticated and professional investors as part of a capital raising initiative, with an additional 5,000,000 shares to be issued under Tranche 1. This move aims to support the company’s exploration projects, particularly in gold and IOCG/Carbonatite discoveries, enhancing its operational capabilities and market positioning.
More about Taiton Resources Limited
Taiton Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects targeting gold discoveries at the Challenger West project and IOCG/Carbonatite at the Yogi prospect within their Highway project.
Average Trading Volume: 40,208
Technical Sentiment Signal: Buy
Current Market Cap: A$8.93M
Learn more about T88 stock on TipRanks’ Stock Analysis page.