Indiana Resources Limited (AU:IDA) has released an update.
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Indiana Resources Limited has announced a special dividend of 5.0 cents per share, showcasing a robust cash position following a significant settlement payment from Tanzania. The company plans to use remaining funds to accelerate its exploration program in South Australia, targeting high-grade gold mineralization. Shareholders are set to receive the dividend in December 2024.
For further insights into AU:IDA stock, check out TipRanks’ Stock Analysis page.