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TG Metals Ltd Converts Performance Rights into Shares

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TG Metals Ltd Converts Performance Rights into Shares

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TG Metals Ltd. ( (AU:TG6) ) has shared an announcement.

TG Metals Ltd has announced the conversion of 1,703,332 Class C Performance Rights into an equal number of new shares, with all vesting conditions met. This move, compliant with the Corporations Act, allows the sale of these new shares to fall under specific exemptions, potentially enhancing liquidity and shareholder value.

More about TG Metals Ltd.

TG Metals Ltd is a company operating in the metals industry, focusing on the conversion of performance rights into shares. The company is listed on the Australian Securities Exchange under the ticker TG6.

Average Trading Volume: 117,471

Technical Sentiment Signal: Sell

See more insights into TG6 stock on TipRanks’ Stock Analysis page.

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