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Todd River Resources Ltd. ( (AU:TX3) ) has provided an update.
Trinex Minerals Limited has announced a capital raising of A$1 million through a two-tranche non-brokered placement with commitments from both Australian and international investors, including company directors. The funds will be used for further exploration of existing projects, assessing potential opportunities, and general working capital. The company is also considering a potential share consolidation, pending shareholder approval.
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 has an option to acquire a significant interest in the Dudley Lithium Project in South Australia and holds a substantial lithium exploration footprint in the Northwest Territories, Canada.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.93M
See more data about TX3 stock on TipRanks’ Stock Analysis page.
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