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Truscott Mining Corporation Ltd ( (AU:TRM) ) has provided an announcement.
Truscott Mining Corporation has completed a capital raising via a share placement to professional and sophisticated investors, issuing 18 million fully paid ordinary shares and 9,000,001 free attached unlisted options that will form a new class of securities, while the new shares will rank within its existing quoted class on the ASX. The company confirmed it is relying on disclosure exemptions under the Corporations Act for this placement and stated it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed price-sensitive information, providing regulatory assurance around the new securities for current and prospective shareholders.
More about Truscott Mining Corporation Ltd
Truscott Mining Corporation Ltd (ASX: TRM) is an Australian-listed mining company whose shares are quoted on the Australian Securities Exchange, providing investors exposure to the mining sector through its fully paid ordinary shares and associated securities.
Average Trading Volume: 56,255
Technical Sentiment Signal: Buy
Current Market Cap: A$17.42M
Learn more about TRM stock on TipRanks’ Stock Analysis page.