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.