Tasman Resources (ASX:TAS) intends to raise up to $671,152 through a pro-rata non-renounceable rights issue.
This offer is open to Tasman shareholders with a registered address in Australia or New Zealand who are on the register as of 5:00 pm WST on 9 February 2023.
The offer is 1 fully paid ordinary Tasman share for every 8 fully paid ordinary Tasman shares held, at a price of $0.008 per share.
The proceeds from the issue will be used to fund general working capital and support the Company’s investments.
Following the announcement, shares of Tasman Resources (ASX:TAS) were unchanged at $0.011.