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Exploration|Resources
Exploration|Resources
exploration|resources

Tasman raises cash

5th March 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Junior Tasman Resources on Friday announced plans for a A$4.8-million capital raise to fund exploration work in South Australia, and to support future investment in fellow ASX-listed companies.

The junior told shareholders that it would place some 60-mllion shares to sophisticated and professional investors, at a price of 8c each, along with 30-million free attaching listed options.

The placement is fully underwritten, and ill be conducted under Tasman’s existing placement capacity.

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Edited by Creamer Media Reporter

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