Tintina Mines (TSE:TTS) has released an update.
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Tintina Mines Limited has completed a significant investment in Andean Belt Resources SpA, acquiring a 73.75% stake for $4 million, and has restructured its debt by issuing shares and converting the remainder into a long-term obligation. The company also executed a share consolidation, enhancing investor appeal. These moves, endorsed by shareholders, signify Tintina’s strategic growth and financial optimization efforts.
For further insights into TSE:TTS stock, check out TipRanks’ Stock Analysis page.