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Taruga Minerals Limited ( (AU:TAR) ) has issued an announcement.
Taruga Minerals Limited has issued 467,758 fully paid ordinary shares following the conversion of an equivalent number of unquoted options at an exercise price of $0.015 per share, expanding its share capital through an options conversion rather than a new public offering. The company confirmed that this share issue was conducted without a prospectus under the disclosure exemptions of the Corporations Act, and stated it remains compliant with its continuous reporting and financial reporting obligations, signalling regulatory adherence and transparency for existing and prospective shareholders.
More about Taruga Minerals Limited
Taruga Minerals Limited is an Australian-listed resources company focused on mineral exploration and development, with its ordinary shares traded on the ASX under the ticker TAR.
Average Trading Volume: 5,372,205
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$16.2M
For an in-depth examination of TAR stock, go to TipRanks’ Overview page.