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The latest announcement is out from Southern Gold Limited ( (AU:ION) ).
Adam Slater, a director at IONDRIVE LIMITED, has exercised 3,000,000 unlisted options, converting them into ordinary shares at a cash consideration of $0.025 per share, totaling $75,000. This transaction increases his holdings to 9,244,444 ordinary shares, reflecting a strategic move that could enhance his influence within the company and potentially impact shareholder dynamics.
More about Southern Gold Limited
YTD Price Performance: 50.0%
Average Trading Volume: 3,924,904
Technical Sentiment Signal: Buy
Current Market Cap: A$53.44M
For a thorough assessment of ION stock, go to TipRanks’ Stock Analysis page.