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Tungsten Mining NL ( (AU:TGN) ) has provided an announcement.
Tungsten Mining NL has issued 34,178,470 new fully paid ordinary shares to professional and sophisticated investors as part of a placement announced on 30 September 2025. This issuance is part of a larger placement totaling 141,660,385 shares, with the remaining shares to be issued upon receipt of outstanding subscription funds. The company has complied with relevant provisions of the Corporations Act and has no excluded information requiring disclosure, as confirmed in their cleansing notice.
More about Tungsten Mining NL
Tungsten Mining NL is an Australian-based resources company focused on the exploration and development of tungsten projects in Australia. The company has established a significant tungsten resource inventory through exploration and acquisition, aiming to become a major player in the global primary tungsten market by developing low-cost tungsten concentrate production.
Average Trading Volume: 366,381
Technical Sentiment Signal: Sell
Current Market Cap: A$73.68M
For an in-depth examination of TGN stock, go to TipRanks’ Overview page.