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Troubadour Resources ( (TSE:TR) ) has shared an update.
Troubadour Resources Inc. has announced plans to amend the exercise price of over 10 million common share purchase warrants from $0.175 to $0.10, contingent upon approval from the TSX Venture Exchange. The repricing reflects strategic adjustments to potentially enhance shareholder value and liquidity, although the terms remain unchanged except for the accelerated expiration condition triggered by specific trading conditions. The company assures that no insiders hold these warrants, signaling a focus on equitable market practices.
More about Troubadour Resources
Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on developing critical mineral and precious metal properties with high-upside and expansion potential. The company is based in Vancouver, BC, and trades on the TSX Venture Exchange under the symbol TR and the OTCQB Venture Market under the symbol TROUF.
YTD Price Performance: 3.12%
Average Trading Volume: 17,697
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.19M
See more insights into TR stock on TipRanks’ Stock Analysis page.
