CAPITAL MARKETS

TNG welcomes strategic investment by Indian conglomerate

STRATEGIC metals company TNG has agreed to a A$10 million “strategic” investment by “Indian mining conglomerate” Vimson Group as well as potential offtake rights for the “high purity iron ore products” targeted to be produce at TNG’s Mount Peake vanadium-titanium-iron project in Northern Territory.

TNG welcomes strategic investment by Indian conglomerate

The investment by Vinsom will be priced at 10.4c per share, with TNG's existing shareholder now getting the opportunity to be involved in a $5 million share purchase plan raising priced at 10.9c. TNG...

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