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Taruga Minerals Limited ( (AU:TAR) ) just unveiled an update.
Taruga Minerals Limited has issued 1.2 million fully paid ordinary shares following the conversion of an equivalent number of unquoted options at an exercise price of $0.015 per share, increasing its share capital via this options conversion. The company has confirmed that the new shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and stated that it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information requiring disclosure, providing assurance to investors about regulatory compliance around the capital issuance.
More about Taruga Minerals Limited
Taruga Minerals Limited is an Australian resources company listed on the ASX (ASX:TAR), operating in the minerals exploration and mining sector.
Average Trading Volume: 4,115,071
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.85M
For detailed information about TAR stock, go to TipRanks’ Stock Analysis page.