True North Copper (AU:TNC) has released an update.
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True North Copper Limited announced a correction to its recent share placement upsize, adjusting the figure to $50.9 million. The company is preparing for reinstatement on the ASX with a revised capital structure, following the issuance of new shares under a Conditional Placement and Share Purchase Plan. Investors are advised of the company’s upcoming consolidation and the potential impacts on share trading.
For further insights into AU:TNC stock, check out TipRanks’ Stock Analysis page.
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