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Tasman Resources Updates on Eden Innovations’ Property Sale and Financing

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Tasman Resources Updates on Eden Innovations’ Property Sale and Financing

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An announcement from Tasman Resources Ltd ( (AU:TAS) ) is now available.

Tasman Resources Limited, through its subsidiary Eden Innovations Ltd, announced significant developments concerning its property and financing arrangements. Eden Innovations Ltd has signed a binding variation agreement to sell a 65.58-acre industrial property in Augusta, Georgia, USA for US$5 million and extended its iBorrow financing facility until January 2026. These agreements are expected to enhance Eden’s financial flexibility and potentially impact its market positioning.

More about Tasman Resources Ltd

YTD Price Performance: 40.0%

Average Trading Volume: 1,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.54M

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

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