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An announcement from Tambourah Metals Ltd ( (AU:TMB) ) is now available.
Tambourah Metals Ltd has announced a non-renounceable entitlement offer, allowing eligible shareholders to purchase one new share for every eight existing shares at $0.02 per share, aiming to raise approximately $0.366 million. The funds will be used for exploration projects, general working capital, and covering the costs of the offer. The offer is limited to shareholders in Australia and New Zealand, excluding those with registered addresses outside these jurisdictions due to regulatory considerations.
More about Tambourah Metals Ltd
Tambourah Metals Ltd operates in the mining industry, focusing on exploration projects. The company is primarily engaged in the exploration of mineral resources and is listed on the Australian Securities Exchange under the ticker TMB.
Average Trading Volume: 1,103,500
Technical Sentiment Signal: Sell
Current Market Cap: A$3.38M
See more insights into TMB stock on TipRanks’ Stock Analysis page.