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Traka Resources Secures $2.5M Placement Amid Board Reshuffle

8:34am on Monday 4th of August, 2025 AEST Mining
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Traka Resources Secures $2.5M Placement Amid Board Reshuffle

8:34am on Monday 4th of August, 2025 AEST
Key Points
  • Placement to raise approximately $2.5 million via two tranches
  • Shares priced at $0.0007 with free attaching options exercisable at $0.0025
  • Second tranche subject to shareholder approval at September meeting
  • Board changes include resignation of two directors and CEO, appointment of new Non-Executive Chair and director
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