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Tartana Minerals Raises $1m via Share Placement and Issues Cleansing Statement

Story Highlights
  • Tartana Minerals raised $1 million through a placement of 20 million new shares.
  • The company issued a cleansing statement confirming compliance and no undisclosed material information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tartana Minerals Raises $1m via Share Placement and Issues Cleansing Statement

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R3D Resources Limited ( (AU:TAT) ) just unveiled an update.

Tartana Minerals Limited has completed a $1 million share placement, issuing 20 million fully paid ordinary shares without a prospectus under provisions of the Corporations Act. In its cleansing statement, the company confirmed it is compliant with financial reporting and continuous disclosure obligations and that there is no undisclosed information material to assessing its financial position, prospects or the rights attached to the new securities, providing regulatory clarity and comfort for investors regarding the new shares on issue.

More about R3D Resources Limited

Tartana Minerals Limited is an ASX-listed copper producer with mining and exploration projects in Far North Queensland, focused on copper, zinc and gold. The company is progressing its Tartana Mining Leases and broader project portfolio with the aim of expanding resources and creating shareholder value through systematic exploration and project development.

Average Trading Volume: 105,087

Technical Sentiment Signal: Hold

Current Market Cap: A$10.06M

See more insights into TAT stock on TipRanks’ Stock Analysis page.

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