20th Aug 2026 10:37
Talisman Metals PLC - developing Tirzzit and Fougnar copper project in Morocco - Raises GBP501,800 gross from a placing of 7.2 million new shares at 7 pence each. The fresh cash will be used fund exploration and development work on Talisman's two copper projects in Morocco and for general working capital. "As we progress to the start of drilling later this summer, management chose to top-up the company's treasury to give more flexibility on the use of capital for field work," Chief Executive Officer Timothy McCutcheon explains.
Current stock price: 7.10p, up 18% in London on Thursday morning for GBP5.1 million market capitalisation including the new shares
12-month change: up from 0.61p in January
By Tom Waite, Alliance News editor
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