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R3D Resources Limited ( (AU:TAT) ) just unveiled an announcement.
Tartana Minerals Limited has announced a director-led financing initiative and a change in its board leadership. The company has secured a $1.55 million debt financing facility, led by directors Stephen Bartrop and Alistair Lewis, to fund exploration, advance the Mungana venture, and repay existing debts. Alistair Lewis has been appointed as the new Chairman, succeeding Jihad Malaeb, who will remain as a non-executive director. This leadership change and financial boost are expected to strengthen Tartana’s market position and support its growth strategy in the mining sector.
More about R3D Resources Limited
Tartana Minerals Limited (ASX:TAT) is a copper producer with a heap leach – solvent extraction – crystallisation plant located 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: 116,310
Technical Sentiment Signal: Sell
Current Market Cap: A$8.57M
Find detailed analytics on TAT stock on TipRanks’ Stock Analysis page.