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Tyranna Resources Expands Angolan Asset Base with New Share Issuance

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Tyranna Resources Expands Angolan Asset Base with New Share Issuance

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An update from Tyranna Resources Limited ( (AU:TYX) ) is now available.

Tyranna Resources Ltd announced the issuance of 43,729,506 shares at $0.003 per share to facilitate the acquisition of Angolan assets through interposed corporate entities. Additionally, 10,000,000 shares were issued to Class A Performance Right holders following the conversion of Performance Rights. This move is part of the company’s strategic efforts to expand its asset base in Angola, enhancing its positioning in the battery and critical minerals market.

More about Tyranna Resources Limited

Tyranna Resources Ltd is an Australian ASX-listed company focused on the exploration and development of battery and critical minerals both in Australia and overseas. The company holds a 72% stake in a lithium exploration project in the Giraul pegmatite field in Angola and has potential nickel and gold tenements in Western Australia.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.87M

Find detailed analytics on TYX stock on TipRanks’ Stock Analysis page.

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