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Titan Minerals Issues New Shares Under Corporations Act Exemption

Story Highlights
  • Titan Minerals has issued 5,304 new fully paid ordinary shares to investors.
  • The company confirms regulatory compliance and no undisclosed material information in connection with the small share issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Titan Minerals Issues New Shares Under Corporations Act Exemption

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Titan Minerals Ltd ( (AU:TTM) ) just unveiled an update.

Titan Minerals Limited has issued 5,304 fully paid ordinary shares, with 5,250 of these shares being issued without a prospectus or other disclosure document under the provisions of the Corporations Act. The company has confirmed its ongoing compliance with financial reporting and continuous disclosure obligations and stated that there is no excluded information requiring disclosure, signalling that the small equity issuance is being conducted within standard regulatory parameters and without any undisclosed material information for stakeholders.

The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

More about Titan Minerals Ltd

YTD Price Performance: 118.42%

Average Trading Volume: 1,207,563

Technical Sentiment Signal: Hold

Current Market Cap: A$237.8M

Find detailed analytics on TTM stock on TipRanks’ Stock Analysis page.

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