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Taruga Minerals Limited ( (AU:TAR) ) has issued an announcement.
Taruga Minerals Limited has applied to the ASX for quotation of 4,728,465 new fully paid ordinary shares, to be traded under its existing ticker TAR. The issuance of these additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will expand the company’s quoted share capital and may modestly increase liquidity for investors, though it also represents a small degree of equity dilution for existing shareholders.
More about Taruga Minerals Limited
Average Trading Volume: 4,164,759
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.85M
See more insights into TAR stock on TipRanks’ Stock Analysis page.