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Tempest Minerals Issues New Unquoted Securities

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Tempest Minerals Issues New Unquoted Securities

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

Tempest Minerals Limited announced the issuance of 28,035,912 unquoted securities, specifically options expiring on May 31, 2027, at an exercise price of $0.01. This issuance is part of a previously announced transaction, and these securities are not intended to be quoted on the ASX. This move may impact the company’s financial structure and stakeholder interests by potentially increasing capital and affecting share distribution.

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 for various industries.

Technical Sentiment Signal: Sell

Current Market Cap: A$3.51M

Find detailed analytics on TEM stock on TipRanks’ Stock Analysis page.

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