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Techgen Metals Boosts Cash Reserves with New Securities
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Techgen Metals Boosts Cash Reserves with New Securities

Techgen Metals Ltd. (AU:TG1) has released an update.

Techgen Metals Ltd. has applied for the quotation of new securities, including options and ordinary fully paid shares, to be listed on the ASX under the codes TG1O and TG1 respectively. The issue, dated April 24, 2024, aims to bolster the company’s cash reserves by issuing securities at a premium to the current share price. This strategic financial move involves the quotation of 250,000 options expiring in February 2026 and 1,000,000 ordinary shares.

For further insights into AU:TG1 stock, check out TipRanks’ Stock Analysis page.

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