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Tempest Minerals Completes Shortfall Offer, Raising $1.47 Million

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Tempest Minerals Completes Shortfall Offer, Raising $1.47 Million

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The latest update is out from Tempest Minerals Limited ( (AU:TEM) ).

Tempest Minerals Limited has successfully completed the placement of the Shortfall Offer, raising approximately $1,469,061 through the issuance of new shares and options. This completion supports the company’s exploration efforts in Western Australia, potentially strengthening its position in the mineral exploration industry and offering implications for stakeholders interested in the company’s growth and development.

More about Tempest Minerals Limited

Tempest Minerals Ltd is an Australian-based mineral exploration company with a diversified portfolio of projects in Western Australia, focused on precious, base, and energy metals. The company is led by an experienced board and management team, aiming to maximize shareholder value through data-driven and risk-weighted exploration and development of its assets.

Technical Sentiment Signal: Sell

Current Market Cap: A$3.51M

For an in-depth examination of TEM stock, go to TipRanks’ Overview page.

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