Tribe Technology Plc (GB:TRYB) has released an update.
Tribe Technology PLC, a pioneer in autonomous mining equipment, has announced a successful additional investment following its recent fundraise, with an additional 1,426,993 Ordinary Shares set to be traded on AIM. This move, adding around £64k before expenses, will also see the issuance of 713,496 Warrants for further shares, expanding the company’s capital and potential for growth. Anticipated to commence on July 4, 2024, this strategic financial influx aims to bolster Tribe Tech’s innovative position in revolutionizing the mining industry with AI-driven safety and efficiency.
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