Taiton Resources Limited (ASX:T88)

ALERT: Price-sensitive ASX Announcement for T88

Current share price for T88 : $0.037 0.003 (8.82%)⁺

Announcement

Placement of Shares to Directors & Management

Release

8 Jul 2026 9:55AM

Price at Release

$0.034

Full Release

Summary

Taiton Resources Limited (T88) announced the placement of a total of 1,142,860 new ordinary shares at $0.07 per share, with 571,431 options approved at the Extraordinary General Meeting (EGM) on June 19, 2026. The company issued a total of 428,572 fully paid ordinary shares and 214,286 options (with an exercise price of $0.15 expiring June 30, 2029) to its Directors and Management. This placement was executed under Section 708A of the Australian Corporations Act without the need for disclosure, and an Appendix 2A application for the quotation of additional securities has been lodged with the ASX. The announcement was approved for release by the Executive Directors of Taiton.

Key Points

Placement of 1,142,860 new ordinary shares at $0.07 per share completed.
571,431 options approved by shareholders at the EGM on June 19, 2026.
428,572 shares and 214,286 options issued to Directors and Management.
Options have an exercise price of $0.15 expiring on June 30, 2029.
Shares issued under Section 708A of the Corporations Act without disclosure.
An Appendix 2A application for quotation lodged with the ASX.
Announcement approved by Executive Directors of Taiton.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.