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Tasman Resources Ltd Announces General Meeting with Key Resolutions on Capital and Director Fees

Story Highlights
  • Tasman Resources Ltd plans a shareholder meeting to discuss share consolidation.
  • Resolutions include converting unpaid director fees into equity, affecting capital structure.
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Tasman Resources Ltd Announces General Meeting with Key Resolutions on Capital and Director Fees

Tasman Resources Ltd ( (AU:TAS) ) just unveiled an announcement.

Tasman Resources Ltd has announced a General Meeting of shareholders to be held on April 24, 2025, in Perth, Western Australia. The agenda includes a proposal for the consolidation of the company’s existing securities, where every five shares will be consolidated into one. Additionally, there are resolutions to convert unpaid director fees into equity for directors Douglas Solomon and Gregory Solomon, with specific share issuances contingent on the approval of the consolidation resolution. This meeting and its resolutions could significantly impact the company’s capital structure and governance, potentially affecting shareholder value and the company’s financial management strategies.

More about Tasman Resources Ltd

YTD Price Performance: 30.0%

Average Trading Volume: 2,000

Technical Sentiment Signal: Buy

Current Market Cap: $2.03M

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

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