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Tasman Resources Completes $2 Million Share Placement

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Tasman Resources Completes $2 Million Share Placement

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Tasman Resources ( (AU:TAS) ) has issued an update.

Tasman Resources Limited has successfully completed a $2 million share placement, with the issuance of the second tranche raising $1.15 million before costs. This strategic move involves issuing 92 million fully paid ordinary shares to sophisticated investors, enhancing the company’s financial position and potentially impacting its market operations positively.

The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.

More about Tasman Resources

Average Trading Volume: 835,968

Technical Sentiment Signal: Sell

Current Market Cap: A$7.99M

Find detailed analytics on TAS stock on TipRanks’ Stock Analysis page.

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