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Tempest Minerals Issues New Equity Securities

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Tempest Minerals Issues New Equity Securities

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

Tempest Minerals Limited has announced the issuance of 55,998,034 unquoted equity securities, specifically options expiring on May 31, 2027, at an exercise price of $0.01. This move is part of the company’s strategic financial maneuvers to potentially enhance its capital structure, offering stakeholders insights into its future growth and operational plans.

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 identifying and extracting valuable minerals, contributing to the supply chain of raw materials.

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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