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Tombador Iron Ltd. ( (AU:TI1) ) has provided an announcement.
Tombador Iron Ltd. has announced a proposed issue of securities, involving options with an exercise price of A$1.69 and an expiry date of December 1, 2026. This move is part of a placement or other type of issue, potentially impacting the company’s financial strategy and market positioning by providing additional capital for its operations.
More about Tombador Iron Ltd.
Tombador Iron Ltd. operates in the mining industry, focusing on the extraction and production of iron ore. The company is engaged in the development and operation of iron ore projects, catering to the global demand for iron and steel production.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.22M
See more data about TI1 stock on TipRanks’ Stock Analysis page.