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Tempest Minerals Announces Proposed Securities Issue

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Tempest Minerals Limited ( (AU:TEM) ) just unveiled an announcement.

Tempest Minerals Limited has announced a proposed issue of securities, including options and ordinary fully paid shares, with a total of 153,035,895 securities to be issued. This move is aimed at raising capital, potentially enhancing the company’s financial position and enabling further exploration and development activities, which could impact its market positioning and stakeholder interests.

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 involved in discovering and extracting valuable minerals, contributing to the supply chain of raw materials for various industries.

Technical Sentiment Signal: Buy

Current Market Cap: €1.43M

For a thorough assessment of TEM stock, go to TipRanks’ Stock Analysis page.

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