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Tasman Resources Launches $3.68M Rights Issue to Fund Key Drilling Program

2:24am on Monday 2nd of June, 2025 AEST Mining
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Tasman Resources Launches $3.68M Rights Issue to Fund Key Drilling Program

2:24am on Monday 2nd of June, 2025 AEST
Key Points
  • Renounceable rights issue of 184 million shares at $0.02 each
  • One free option for every two new shares issued, exercisable at $0.05 within three years
  • Funds to support drilling at Parkinson Dam, general working capital, and debt repayment
  • Major shareholders Arkenstone and March Bells to fully subscribe using loan offsets
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