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An update from Tambourah Metals Ltd ( (AU:TMB) ) is now available.
Tambourah Metals Ltd has issued 1,277,572 fully paid ordinary shares at an issue price of $0.04 each without disclosure to investors under the Corporations Act 2001. This move indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to raise capital, potentially impacting its financial operations and market positioning.
More about Tambourah Metals Ltd
Tambourah Metals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction and production of various metals, catering to markets that require these essential raw materials.
Average Trading Volume: 3,243,156
Technical Sentiment Signal: Buy
Current Market Cap: A$8.34M
Learn more about TMB stock on TipRanks’ Stock Analysis page.