TMK Energy Limited ( (AU:TMK) ) has provided an update.
TMK Energy Limited has secured $2.25 million through a placement to fund further development of its Gurvantes XXXV Coal Seam Gas Project. The funds will be used for additional drilling, project development, and partnership opportunities, highlighting strong support from existing and new investors despite market volatility.
More about TMK Energy Limited
TMK Energy Limited is an energy company focused on the exploration and development of coal seam gas projects. Its flagship asset is the Gurvantes XXXV Coal Seam Gas Project, which is 100% owned by the company.
Current Market Cap: A$37.45M
For a thorough assessment of TMK stock, go to TipRanks’ Stock Analysis page.