Tempest Minerals Limited ( (AU:TEM) ) just unveiled an announcement.
Tempest Minerals Ltd announced the termination of its binding agreement with Cambrian Limited and will not proceed with the proposed placement mentioned earlier this month. The company is exploring alternative fundraising options and will provide updates to the market when feasible, indicating a shift in its strategic financial planning.
More about Tempest Minerals Limited
Tempest Minerals Ltd is an Australian mineral exploration company with a diverse portfolio of projects in Western Australia, focusing on precious, base, and energy metals. The company is led by an experienced team with a track record of exploration and corporate success, aiming to maximize shareholder value through strategic exploration and development.
Technical Sentiment Signal: Buy
Current Market Cap: €1.75M
Learn more about TEM stock on TipRanks’ Stock Analysis page.