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The latest announcement is out from Thunderbird Resources ( (AU:THB) ).
Thunderbird Resources Limited, an entity listed on the Australian Securities Exchange, has announced the issuance of 67,142,854 fully paid ordinary shares at a price of $0.014 per share. This issuance is part of the tranche 2 placement and directors’ participation, which was approved by shareholders at the recent AGM. The shares were issued without a disclosure document under the provisions of the Corporations Act 2001, and the company has confirmed compliance with relevant statutory requirements. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its market position and stakeholder interests.
More about Thunderbird Resources
YTD Price Performance: 17.65%
Average Trading Volume: 2,142,155
Technical Sentiment Signal: Hold
Current Market Cap: A$10.18M
See more insights into THB stock on TipRanks’ Stock Analysis page.