TNG Limited (AU:TVN) has released an update.
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Tivan Limited has announced an offer of 650,000 convertible securities, over 34 million unquoted options exercisable at $0.12, and 1,000 fully paid ordinary shares, aimed at both removing trading restrictions on previously issued shares and attracting speculative investment. The company’s prospectus underlines the importance of reading the document carefully and seeking professional advice if needed. The offer is not available for distribution in the United States or through US wire services.
For further insights into AU:TVN stock, check out TipRanks’ Stock Analysis page.