Tennant Minerals Limited (AU:TMS) has released an update.
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Tennant Minerals Limited has announced a proposed issuance of new securities, with plans to issue a total of 277,875,000 options exercisable at $0.048, expiring on December 31, 2027. The proposed issue date is set for September 6, 2024. This move could indicate a strategic step by the company to raise capital for future projects or to strengthen its financial position.
For further insights into AU:TMS stock, check out TipRanks’ Stock Analysis page.