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Tyranna Resources Issues Shares for Angolan Consulting Services

Story Highlights
  • Tyranna Resources focuses on exploring battery and critical minerals in Australia and Africa.
  • The company issued shares for Angolan consulting services, adhering to compliance norms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tyranna Resources Issues Shares for Angolan Consulting Services

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Tyranna Resources Limited ( (AU:TYX) ) just unveiled an update.

Tyranna Resources Limited announced the issuance of nearly 12 million shares as remuneration for consulting services in Angola, priced at $0.004 per share. This move, conducted without disclosure under specific sections of the Corporations Act, aligns with the company’s compliance requirements and supports its strategic focus on mineral exploration in Africa.

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 owns a significant stake in a lithium exploration project in the Giraul pegmatite field in Angola and holds potential nickel and gold tenements in Western Australia.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.71M

See more insights into TYX stock on TipRanks’ Stock Analysis page.

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