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Taruga Minerals Issues New Shares on Option Conversion Under Disclosure Exemption

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Taruga Minerals Issues New Shares on Option Conversion Under Disclosure Exemption

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An announcement from Taruga Minerals Limited ( (AU:TAR) ) is now available.

Taruga Minerals Limited has issued 102,287 fully paid ordinary shares following the conversion of an equivalent number of unquoted options at an exercise price of $0.015 per share. The company has advised that these new shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and confirmed it remains compliant with its financial reporting and continuous disclosure obligations, with no excluded information requiring disclosure, indicating a routine capital structure adjustment rather than a material change in operations or risk profile for shareholders.

More about Taruga Minerals Limited

Average Trading Volume: 5,354,842

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$16.19M

For an in-depth examination of TAR stock, go to TipRanks’ Overview page.

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