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Tempest Minerals Announces $1.47 Million Entitlement Offer

Summary by sharecafe.com.au
Tempest Minerals (ASX:TEM) has engaged Cygnet Capital to manage a $1.47 million entitlement offer, focusing on funding exploration and development initiatives. The proceeds will primarily support exploration activities at the Yalgoo project, iron development efforts, and cover other project-related expenses, including gold exploration. The offer includes a non-renounceable rights issue, granting one new share for every two shares held at $0.004 …
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Australian Resource & Investment broke the news in on Friday, May 9, 2025.
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