Business news

    Triton Minerals (ASX:TON) announces half yearly results

    Article Image

    Triton Minerals (ASX:TON) announced financial results for the half-year ended June 30, 2022.

    In July 2022, the Group has place a MZM6.1m (AUD140,715 equivalent) via bank guarantee to the Mozambique government for the appeal on the CGT processing fess.

    On 5 September, Triton announced Major Chinese listed commodities trading and resources company, Shandong Yulong Gold Co Ltd (Shandong Yulong), has conditionally agreed to invest A$5m in Triton. Triton has also undertaken an additional placement to professional and sophisticated investors raise up to $3.5m at the issue price of $0.028 per share which is anticipated to settle on 15 September 2022.

    On 23 August 2022, appointed Mr Peng (Rod) Zhang as Non-Executive Director.

    On 23 August 2022, Mr Chengdong Wang resigned as Non-Executive Director.

    Following the announcement the company?s share price rose 2.941%.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa