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The latest announcement is out from TMK Energy Limited ( (AU:TMK) ).
TMK Energy Limited has announced the completion of a share placement involving 75 million fully paid ordinary shares issued to three company directors at a price of $0.002 per share. This move, which was approved by shareholders, was conducted without disclosure under specific provisions of the Corporations Act, and the company has confirmed compliance with relevant legal requirements. The announcement indicates a strategic decision by TMK Energy to strengthen its capital base, potentially impacting its financial stability and operational capabilities.
More about TMK Energy Limited
Current Market Cap: A$23.79M
Find detailed analytics on TMK stock on TipRanks’ Stock Analysis page.