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Trinex Minerals Announces Security Consolidation

Story Highlights
  • Trinex Minerals Limited announces a security consolidation affecting various securities.
  • The consolidation requires multiple approvals, impacting market position and stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trinex Minerals Announces Security Consolidation

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Todd River Resources Ltd. ( (AU:TX3) ) has provided an announcement.

Trinex Minerals Limited has announced a security consolidation affecting several of its securities, including ordinary shares and various options. This reorganization is set to commence trading on a deferred settlement basis from July 9, 2025, with the record date on July 10, 2025, and the issue date on July 17, 2025. The consolidation requires several approvals, including security holder and court approval, indicating a significant restructuring effort that may impact the company’s market position and stakeholder interests.

More about Todd River Resources Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.21M

For a thorough assessment of TX3 stock, go to TipRanks’ Stock Analysis page.

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