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Tasman Resources Updates Proposed Securities Issue Amid Consolidation Plans

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Tasman Resources Updates Proposed Securities Issue Amid Consolidation Plans

The latest announcement is out from Tasman Resources Ltd ( (AU:TAS) ).

Tasman Resources Ltd has announced an update regarding the proposed issue of securities, which involves a security consolidation on a 1 for 5 basis, pending shareholder approval on April 24, 2025. The update includes revised terms of free attaching unlisted options and confirms their expiry date. This move is part of Tasman Resources’ strategy to streamline its capital structure, potentially enhancing its market positioning and providing clarity to stakeholders on the future issuance of securities.

More about Tasman Resources Ltd

YTD Price Performance: 30.0%

Average Trading Volume: 2,000

Technical Sentiment Signal: Buy

Current Market Cap: $2.54M

See more data about TAS stock on TipRanks’ Stock Analysis page.

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