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Toubani Resources Announces Proposed Securities Issue

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Toubani Resources Limited Registered Shs ( (AU:TRE) ) has issued an announcement.

Toubani Resources Limited has announced a proposed issue of securities, with a total of 120,833,334 options exercisable at $0.336 and expiring three years after the issue date. This move is part of a placement or other type of issue, with the proposed issue date set for July 18, 2025. The issuance of these securities is aimed at raising capital, which could impact the company’s financial standing and market positioning.

More about Toubani Resources Limited Registered Shs

YTD Price Performance: 55.88%

Average Trading Volume: 633,558

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$13.01M

Find detailed analytics on TRE stock on TipRanks’ Stock Analysis page.

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