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The latest announcement is out from Taruga Minerals Limited ( (AU:TAR) ).
Taruga Minerals Limited has called a general meeting of shareholders to be held in Perth on 25 February 2026, setting 23 February 2026 as the record date for voting eligibility. The meeting will ask shareholders to ratify a prior share placement comprising 90 million new shares issued under ASX Listing Rules 7.1 and 7.1A, and to approve the proposed issue of up to 60 million additional placement shares to directors Eric de Mori and Paul Cronin or their nominees, moves that would regularise past capital raisings and, if approved, further strengthen the company’s capital position while increasing director equity participation.
More about Taruga Minerals Limited
Taruga Minerals Limited is an Australian-listed resources company focused on mineral exploration and development. The company operates within the mining and exploration sector, raising capital through share placements to fund its ongoing projects and corporate activities, with a shareholder base governed under Australian corporate and securities regulations.
Average Trading Volume: 5,256,656
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$18.63M
For a thorough assessment of TAR stock, go to TipRanks’ Stock Analysis page.