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Todd River Resources Ltd. ( (AU:TX3) ) just unveiled an announcement.
Trinex Minerals announced significant changes in its June 2025 Quarterly Activities Report, including a company restructure and capital raising of A$1,000,000 through equity placement. The board saw changes with the resignation of former Chairman Stu Crow and the appointment of Chris Zielinski as a Non-Executive Director, while Peretz Schapiro assumed the role of Non-Executive Chairman. The company aims to maximize value from its existing lithium portfolio and explore new opportunities in the resources sector, maintaining a cash balance of A$1.16 million at the end of the quarter.
More about Todd River Resources Ltd.
Trinex Minerals Limited (ASX: TX3) is an Australian-based resources company focused on exploring critical minerals essential for the transition to clean energy. The company is involved in the Dudley Lithium Project on Kangaroo Island, South Australia, and holds significant lithium exploration interests in the Northwest Territories, Canada.
Average Trading Volume: 179,422
Technical Sentiment Signal: Sell
Current Market Cap: A$6.54M
Learn more about TX3 stock on TipRanks’ Stock Analysis page.