Tungsten Mining NL (AU:TGN) has released an update.
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Tungsten Mining NL has completed its acquisition of the remaining 80% interest in the Hatches Creek Tungsten Project, now holding full ownership. This strategic move positions the company to capitalize on the robust tungsten market, with significant potential for resource expansion in largely unexplored areas. The deal involved issuing 107.5 million shares to GWR Group, increasing its voting power in Tungsten Mining to nearly 20%.
For further insights into AU:TGN stock, check out TipRanks’ Stock Analysis page.
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