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29 Nov
12:16

Talga raises AUD 19m from existing shareholders

Australia-listed advanced battery materials developer Talga Group said Wednesday it will issue 19 million new ordinary shares next week as part of its “oversubscribed” share purchase plan (SSP). The SSP closed on 24 November and corresponds to around 5.3% of the company’s shares. It originally targeted AUD 15 million ($9.92m), but after “strong shareholder support” it was upsized to AUD 19m, says Talga. “With the successful cā€¦
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