tiprankstipranks
Trending News
More News >

Toubani Resources Issues Over 28 Million Shares to Advance Gold Projects

Story Highlights

Confident Investing Starts Here:

Toubani Resources Limited Registered Shs ( (AU:TRE) ) has provided an update.

Toubani Resources Limited has announced the issuance of 28,344,994 shares as part of a placement previously announced to the ASX. This move is in compliance with relevant sections of the Corporations Act 2001, and there is no excluded information that needs to be disclosed. This issuance is part of Toubani’s ongoing efforts to advance its gold development projects in Africa, potentially impacting its operational capacity and market positioning.

More about Toubani Resources Limited Registered Shs

Toubani Resources Limited is a development company focused on advancing Africa’s next large gold development project, specifically the oxide-dominant Kobada Gold Project. The company boasts a highly experienced board and management team with a proven track record in advancing projects through exploration, development, and into production.

Average Trading Volume: 671,732

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$13.01M

For detailed information about TRE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1