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Tanami Gold Launches $70.5M Rights Issue at 34.78% Discount
11:02am on Friday 8th of May, 2026 AEST
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Mining
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Tanami Gold Launches $70.5M Rights Issue at 34.78% Discount
11:02am on Friday 8th of May, 2026 AEST
Key Points
Fully underwritten renounceable rights issue to raise $70.5 million
Issue price at $0.06 per share, 34.78% discount to last close
Funds allocated to Groundrush decline, resource drilling, and infrastructure
Entitlements tradable on ASX from May 12 to May 20
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Tanami Gold (ASX:TAM)
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