Event non-ATF Mobile

Talga Resources Ltd (ASX: TLG) confirmed the completion of the Share Purchase Plan, which received huge support from eligible shareholders and surpassed the discretionary target of $3 million.

The total valid application under the SPP was ~$6.2 million and to acknowledge the support, the company’s Board has decided to accept the oversubscription of ~ $3.2 million.

Through the SPP and the institutional placement, TLG raised a total of ~$9.45 million that will be used towards funding the development prior planned initial project funding for the Vittangi Graphite Anode Project.

At AEST 1:36 PM, TLG shares quoted $0.450.

 

 

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