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The latest update is out from R3D Resources Limited ( (AU:TAT) ).
Tartana Minerals Limited has fully repaid a $0.5 million cash advance from director Jihad Malaeb, utilizing funds from a recently completed $1.55 million debt financing facility led by directors Stephen Bartrop and Alistair Lewis. This repayment clears the company’s obligations under the loan terms, potentially improving its financial standing and operational flexibility.
More about R3D Resources Limited
Tartana Minerals Limited (ASX:TAT) is a copper producer operating a heap leach – solvent extraction – crystallisation plant in the Chillagoe Region of Far North Queensland. The company is focused on developing its copper and zinc resources and has an extensive exploration portfolio covering copper, zinc, gold, silver, tin, tungsten, and antimony projects.
Average Trading Volume: 65,607
Technical Sentiment Signal: Sell
Current Market Cap: A$8.57M
For an in-depth examination of TAT stock, go to TipRanks’ Stock Analysis page.