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Tasman Resources ( (AU:TAS) ) has provided an announcement.
Tasman Resources has released a transaction-specific cleansing prospectus for the offer of 1,000 Cleansing Options at a nil issue price, primarily to remove trading restrictions on existing options of the same class on issue before the offer closes on 2 February 2026. The Cleansing Options, which the company emphasises are speculative in nature, are intended to be quoted on the ASX, streamlining secondary trading and maintaining compliance with Australian securities laws, while not constituting a general offer or providing investment advice, thereby placing the onus on investors and existing option holders to assess risk and seek professional guidance.
The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.04 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
Tasman Resources Ltd is an Australian-listed company and a disclosing entity under the Corporations Act, with its securities quoted on the ASX and subject to enhanced continuous disclosure obligations. The company issues transaction-specific prospectuses when offering options over its continuously quoted securities, rather than full initial public offering-style disclosure documents.
Average Trading Volume: 1,081,574
Technical Sentiment Signal: Sell
Current Market Cap: A$19.56M
For a thorough assessment of TAS stock, go to TipRanks’ Stock Analysis page.