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Southern Gold Limited ( (AU:ION) ) just unveiled an update.
IonDrive Limited has announced a new issuance of securities, with a total of 90,909,087 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for December 1, 2025. The announcement indicates that the company is seeking to expand its capital base, which could potentially enhance its market position and provide new opportunities for growth.
More about Southern Gold Limited
YTD Price Performance: 46.67%
Average Trading Volume: 3,265,522
Technical Sentiment Signal: Buy
Current Market Cap: A$52.39M
See more data about ION stock on TipRanks’ Stock Analysis page.