TNG Limited (AU:TVN) has released an update.
TIVAN LIMITED has announced a proposal to issue a total of 150,200,000 new ordinary fully paid shares and 75,100,000 options expiring on June 30, 2027, at an exercise price of $0.12. The key dates for this financial event include the ex-date on August 19, 2024, the record date on August 20, 2024, and the offer closing on September 2, 2024, with the issue date set for September 5, 2024. This move is aimed at capitalizing on the market opportunities and is subject to the approval of the Australian Securities Exchange (ASX).
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