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Tombador Iron Announces Board Changes and Transaction Progress

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Tombador Iron Announces Board Changes and Transaction Progress

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Tombador Iron Ltd. ( (AU:TI1) ) just unveiled an announcement.

Tombador Iron Limited has announced changes to its Board of Directors, with Ms. Anna Neuling stepping down as Non-Executive Chair due to external commitments, while remaining as a Non-Executive Director. Mr. David Chapman will take over as Non-Executive Chairman. Additionally, the company is progressing with a proposed transaction with Colomi Singapore Pte Ltd, working with the ASX and stakeholders to advance a re-compliance capital raise.

More about Tombador Iron Ltd.

Tombador Iron Limited is a company operating in the mining industry, focusing on the extraction and production of iron ore.

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$30.22M

For a thorough assessment of TI1 stock, go to TipRanks’ Stock Analysis page.

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