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Tempest Minerals Announces New Securities Issue to Strengthen Capital

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Tempest Minerals Limited ( (AU:TEM) ) has issued an update.

Tempest Minerals Limited has announced a proposed issue of securities, including 100 million options exercisable at $0.007 and 200 million fully paid ordinary shares. This strategic move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market positioning.

More about Tempest Minerals Limited

Tempest Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and extraction of valuable minerals, aiming to enhance its market presence and resource base.

Technical Sentiment Signal: Buy

Current Market Cap: €1.83M

See more data about TEM stock on TipRanks’ Stock Analysis page.

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