yes more current drilling
TIG is seeking to raise up to A$58m (US$40m) under a 13 for 4 pro rata accelerated renounceable entitlement offer of fully paid TIG ordinary shares (New Shares) at an offer price of A$0.01 per New Share (Entitlement Offer). Entitlement Offer Use of Proceeds The proceeds from the Entitlement Offer will be used to meet TIG’s estimated needs as follows: ▪US$20.5 million to settle the existing Shareholder Debt, including interest;▪up to US$2.0 million for license compliance drilling;▪up to US$6.5 million for capital expenditures at the mine and port;▪up to US$6.0 million for working
TIG Plans for 2020 & beyond:▪ Continuing exploration to convert JORC resources to reserves▪ Further in-mine exploration drilling to improve quality control, short-term mine planning and strip ratios▪ Start mining on Zvonkoye deposit▪ Preparing for launch of drill and blast operations which willallow for bigger pit design
yes more current drilling TIG is seeking to raise up to A$58m...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $39.20M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $26.79K | 8.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7036758 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3105644 | 7 |
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| Last trade - 11.27am 02/10/2024 (20 minute delay) ? |
| TIG (ASX) Chart |