Tungsten Mining announces issue of 3.75M shares

Company News

by Anna Napoli

Emerging tungsten developer, Tungsten Mining (ASX:TGN) has announced the issue of 3.75 million shares.

The shares have been issued as part consideration to Pilbarra Mineral Limited for the purchase of a modular processing plant.

Purchase of the plant was announced in July last year.

The shares were issued on the ASX yesterday at a price of 4 cents per share.

Shares in Tungsten (ASX:TGN) closed flat at $0.41 yersterday.

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