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TG Metals Ltd. ( (AU:TG6) ) has issued an announcement.
TG Metals Ltd has issued 5,714,285 new shares as part of a strategic move to acquire an 80% interest in the Van Uden Gold Project from Montague Resources Australia Pty Ltd. This acquisition is expected to bolster TG Metals’ position in the gold mining sector, potentially enhancing its operational capabilities and market presence.
More about TG Metals Ltd.
TG Metals Ltd is a company operating in the mining industry, primarily focusing on the acquisition and development of mineral projects. The company’s market focus includes gold projects, as evidenced by its recent acquisition of a majority stake in the Van Uden Gold Project.
YTD Price Performance: -13.33%
Average Trading Volume: 106,980
Technical Sentiment Signal: Hold
Find detailed analytics on TG6 stock on TipRanks’ Stock Analysis page.
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