tiprankstipranks
Traka Resources Plans New Securities Issue
Company Announcements

Traka Resources Plans New Securities Issue

Traka Resources Limited (AU:TKL) has released an update.

Traka Resources Limited has announced a new issue of securities, proposing to issue up to 15 million options expiring in December 2026 at $0.005 each, and 30 million ordinary fully paid shares. The proposed issue date is set for 16th August 2024, subject to approval by the ASX. This move could signify a strategic expansion or capital raising effort by the company.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!