Tasman Resources Ltd (AU:TAS) has released an update.
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Tasman Resources Ltd has announced a non-renounceable pro-rata rights offer aimed at raising approximately $2.85 million, by offering existing shareholders the opportunity to purchase additional shares at $0.004 each. The rights offer is scheduled to open on July 3, 2024, to shareholders in Australia and New Zealand, with funds intended for further exploration of the Parkinson Dam tenement and general working capital. Company directors Greg and Doug Solomon plan to partially fund their entitlements by offsetting loans they have made to the company.
For further insights into AU:TAS stock, check out TipRanks’ Stock Analysis page.
