R3D Resources Limited (AU:TAT) has released an update.
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Tartana Minerals Limited has announced a change in the interest of its director, Jihad Malaeb, as he redeemed a convertible note valued at $500,000 without conversion into shares. This redemption leaves Mr. Malaeb holding 5,500,000 shares directly and indirectly, along with 382,578 shares in his name. The funds from the redeemed note are now outstanding as a cash advance.
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