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Aranjin Resource - ARJNF STOCK NEWS

Welcome to our dedicated page for Aranjin Resource news (Ticker: ARJNF), a resource for investors and traders seeking the latest updates and insights on Aranjin Resource stock.

Aranjin Resources Ltd. (ARJNF) delivers focused updates on its resource exploration initiatives and corporate strategy through this dedicated news hub. Investors and industry observers will find authoritative coverage of the company’s mining projects in Mongolia and Australia, financial restructuring efforts, and leadership developments.

This page consolidates all essential updates, including quarterly financial results, exploration milestones, and strategic corporate decisions. Users gain streamlined access to press releases detailing project advancements in copper and precious metal exploration, capital management strategies, and governance updates from the TSXV-listed company.

Regular updates spanning operational progress, private placement announcements, and geological survey outcomes ensure stakeholders maintain informed perspectives on the company’s trajectory. The resource serves as a centralized reference for tracking how Aranjin Resources balances mineral exploration with disciplined financial oversight in competitive markets.

Bookmark this page for direct access to verified developments from Aranjin Resources, eliminating fragmented information searches. Check back regularly for unfiltered updates straight from corporate communications and validated industry sources.

Rhea-AI Summary

Aranjin Resources (TSXV: ARJN) has successfully completed two significant transactions: a non-brokered private placement and a debt settlement. The private placement raised $230,400 through issuing 2,880,000 units at $0.08 per unit, with each unit including one common share and one warrant exercisable at $0.105 for 24 months.

The company also settled $349,423 in debt by issuing 4,367,788 common shares at $0.08 per share and 1,891,538 warrants. The proceeds will support the company's projects in South Australia and Mongolia, along with general working capital needs.

Notable changes in ownership include Tsagaachin Bayan Nuur increasing its stake to 16.17% (undiluted) and director Matthew Wood's holdings reaching 13.14% (undiluted) through Mongolia Wealth Management Pty Both parties are subject to a 19.99% ownership cap without prior shareholder approval.

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Aranjin Resources (TSXV: ARJN) has announced a non-brokered private placement offering of up to 8,125,000 units at $0.08 per unit, aiming to raise up to $650,000. Each unit includes one common share and one purchase warrant, exercisable at $0.105 within 24 months.

Of the total offering, $151,323 comprises previously advanced loan proceeds to be converted into units. The proceeds will support the company's projects in South Australia and Mongolia and provide working capital. Additionally, Aranjin has negotiated a debt settlement of $219,100 through the issuance of 2,738,750 common shares at $0.08 per share.

Company insiders plan to participate by subscribing for 1,891,538 units. Both the offering and debt settlement require TSX Venture Exchange approval and will have a four-month hold period.

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Aranjin Resources (TSXV: ARJN) has announced that its proposed ASX listing is currently on hold until further notice. The company has also undergone a leadership change, with Joe Graziano stepping down as CFO and corporate secretary. He will be replaced by Robert Payment, a CPA, CA with over 16 years of experience in Canadian capital markets. Payment brings expertise in equity financings, financial reporting, and public company administration, having served as CFO for several TSX-V and CSE listed companies across various sectors.

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Aranjin Resources (TSXV: ARJN) announces a significant change in its executive team as it prepares for an ASX listing in Q4 2024. Jeremy South will step down as Chief Financial Officer on July 8, 2024, and Joe Graziano will take over the position. Graziano, based in Perth, brings over 35 years of experience in financial and strategic advisory roles in the resource sectors of Western Australia. His expertise spans Mergers & Acquisitions, Capital Raisings, Corporate Governance, and ASX compliance. This leadership change is part of Aranjin Resources' strategy to refresh its financial management and rekindle exploration activities in Mongolia and Australia.

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Aranjin Resource

OTC:ARJNF

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ARJNF Stock Data

923.35k
9.14M
16.65%
Copper
Basic Materials
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Canada
West Vancouver