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Toubani Resources Issues Unquoted Securities for Employee Incentive

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Toubani Resources Issues Unquoted Securities for Employee Incentive

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Toubani Resources Limited Registered Shs ( (AU:TRE) ) just unveiled an announcement.

Toubani Resources Limited has announced the issuance of 11,300,000 unquoted securities under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted, indicating a strategic move to retain and motivate employees.

The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.

More about Toubani Resources Limited Registered Shs

Average Trading Volume: 969,039

Technical Sentiment Signal: Buy

Current Market Cap: A$13.01M

See more data about TRE stock on TipRanks’ Stock Analysis page.

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