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Toubani Resources Seeks ASX Quotation for 3.24 Million New Shares

Story Highlights
  • Toubani Resources applied to list 3,236,796 new ordinary fully paid shares on the ASX.
  • The additional shares modestly expand its capital base, likely reflecting option exercises and minor shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toubani Resources Seeks ASX Quotation for 3.24 Million New Shares

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An announcement from Toubani Resources Limited Registered Shs ( (AU:TRE) ) is now available.

Toubani Resources Limited has applied for the quotation of 3,236,796 additional ordinary fully paid shares on the ASX, issued on 8 and 9 January 2026, under its ticker TRE. The move modestly increases the company’s quoted share capital and may reflect the exercise of options or conversion of other securities, signalling incremental capital formation that could support ongoing corporate or project activities, with minor dilution for existing shareholders.

The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 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: 896,789

Technical Sentiment Signal: Buy

Current Market Cap: A$13.01M

For an in-depth examination of TRE stock, go to TipRanks’ Overview page.

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