Latest Tasman Resources (ASX:TAS) News

Tasman Resources reports a robust cash position and a valuable stake in Eden Innovations, while gearing up for significant drilling programs at its South Australian projects in 2026.

Tasman Resources has clarified the reasons behind its recent share price jump, pointing to a significant new investor, upcoming drilling programs, and a rising stake in Eden Innovations. The company reassures the market it remains fully compliant with ASX disclosure rules.

Tasman Resources has increased its investment in Eden Innovations through a $250,000 conditional share placement, raising its ownership to 13.95% and securing additional options. This move replaces further financial support and positions Tasman shareholders to benefit from Eden’s growth potential.

Tasman Resources has completed the second tranche of its $2 million share placement, issuing 92 million shares and raising $1.15 million before costs. The company confirms full compliance with regulatory requirements in its updated cleansing notice.

Tasman Resources' latest magnetotelluric survey reveals a deep conductive body at Titan West, prompting Fortescue to plan a 2026 drilling campaign to explore potential sulfide-rich mineralisation.

Eden Innovations has successfully raised $4.35 million through a placement of shortfall securities, marking a key step in its financial reconstruction and global expansion plans.

Tasman Resources has progressed its exploration efforts at Lake Torrens and Parkinson Dam projects, backed by a recent $850,000 capital raise and strategic board changes.

Tasman Resources has clarified the reasons behind its recent share price jump, linking it to new drilling funding and a rise in its Eden Innovations investment value.

Tasman Resources has raised $2 million through a two-tranche placement to fund a promising drilling campaign at Parkinson Dam and broaden its project portfolio, alongside appointing a new director to steer its strategic ambitions.

Tasman Resources progresses exploration at Lake Torrens and Parkinson Dam projects while managing capital through a recent entitlement offer and loan repayments.

Tasman Resources has identified a large, prospective conductive target zone near its historic Vulcan drill hole VUD 008, opening a promising new chapter in copper-gold exploration.

Eden Innovations Ltd reports a striking 86% year-on-year sales increase for its EdenCrete® Pz7 concrete admixture, driven by expanding installations in the US, Ecuador, Mexico, and Canada. The company’s innovative product is gaining traction for its cost-saving and environmental benefits in the construction sector.