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Tivan Limited ( (AU:TVN) ) has issued an announcement.
Tivan Limited has issued a Target Market Determination (TMD) for quoted options related to its shares, effective February 20, 2025. The TMD outlines offers of broker options to Evolution Capital Pty Ltd and placement options for participants involved in the company’s institutional placement, aimed at raising approximately $9 million. These options are targeted at investors familiar with the speculative nature of mining investments and are designed to provide the right to acquire shares at a set price, with the potential for profit from future share price increases. The announcement aims to strengthen the company’s financial position and investor engagement.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the acquisition and management of mining assets. It offers various investment options related to fully paid ordinary shares, primarily through broker options and placement options.
YTD Price Performance: 1.67%
Average Trading Volume: 6,302
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $118.4M
For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.