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Traka Resources Announces Proposed Securities Issue to Boost Capital

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Traka Resources Announces Proposed Securities Issue to Boost Capital

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Traka Resources Limited ( (AU:TKL) ) just unveiled an announcement.

Traka Resources Limited announced a proposed issue of securities, including options exercisable at $0.0025 expiring in four years and ordinary fully paid shares. This move aims to raise capital, potentially impacting the company’s financial position and market operations by providing additional funds for exploration and development activities.

More about Traka Resources Limited

Traka Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is involved in identifying and advancing projects with potential for significant mineral deposits.

Current Market Cap: A$2.13M

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

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