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Tasman Resources ( (AU:TAS) ) has issued an announcement.
Tasman Resources Ltd has notified the ASX of a proposed issue of new securities via a placement or similar mechanism. The company plans to issue up to 1,000 new options, each exercisable at A$0.02 and expiring on 14 June 2028, with the proposed issue date set for 3 February 2026, indicating a modest capital-raising or incentive issuance that could marginally affect its capital structure and provide additional funding flexibility for future activities.
Tasman Resources will seek quotation of the new options on the ASX in line with listing rule requirements, with the issuance forming part of its broader capital management strategy. While the scale of the proposed issue is relatively small, the long-dated, low-exercise-price options may offer participating investors leveraged exposure to any future appreciation in the company’s share price and signal management’s ongoing efforts to maintain access to equity-linked financing channels.
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
Average Trading Volume: 1,081,574
Technical Sentiment Signal: Sell
Current Market Cap: A$19.56M
Learn more about TAS stock on TipRanks’ Stock Analysis page.