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The latest announcement is out from Tivan Limited ( (AU:TVN) ).
Tivan Limited has successfully completed the redemption of all convertible notes issued to SBC Global Investment Fund, ahead of their maturity dates. This financial maneuver, involving early repayment and share collateral arrangements, positions Tivan to remove security arrangements against its assets, potentially strengthening its financial standing and operational flexibility.
More about Tivan Limited
Tivan Limited operates in the resources industry, focusing on strategic capital raising and investment management. The company engages in issuing convertible notes and shares as part of its financial structuring, with a market focus on Australian resources companies.
Average Trading Volume: 1,998,822
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$217.1M
For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.
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