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Tasman Resources ( (AU:TAS) ) just unveiled an update.
Tasman Resources Ltd has concluded its pro-rata renounceable entitlement offer, raising a total of $218,900.62 in cash proceeds before expenses. The offer included the issuance of 95,210,141 new shares and 47,605,088 new options, with significant participation from related entities of the company’s directors, which helped reduce shareholder loans by $1,685,302.20. The remaining shareholder loans now stand at $55,850, and the company retains the right to place the remaining shortfall shares within three months.
More about Tasman Resources
Tasman Resources Ltd is a company involved in the resource sector, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker TAS.
Average Trading Volume: 176,585
Technical Sentiment Signal: Sell
Current Market Cap: A$3.31M
Find detailed analytics on TAS stock on TipRanks’ Stock Analysis page.