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Somerset Minerals Limited Announces Proposed Securities Issue

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Tempus Resources Ltd. ( (AU:SMM) ) has shared an announcement.

Somerset Minerals Limited has announced a proposed issue of securities, including 199,780,186 ordinary fully paid shares and 99,890,093 free-attaching unlisted options exercisable at 2.4 cents, expiring on September 30, 2029. This strategic move, set for issuance on July 31, 2025, could potentially enhance the company’s capital structure and market positioning, offering new opportunities for investors and stakeholders.

More about Tempus Resources Ltd.

Average Trading Volume: 128,838

Technical Sentiment Signal: Buy

Current Market Cap: C$3.12M

Learn more about SMM stock on TipRanks’ Stock Analysis page.

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