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An announcement from Southern Gold Limited ( (AU:ION) ) is now available.
Iondrive Limited, listed on the Australian Securities Exchange under the code ION, has requested a trading halt on its securities as it prepares to make an announcement concerning a capital raising initiative. The halt is expected to last until the announcement is made or until the commencement of normal trading on November 25, 2025. This move indicates that the company is in the process of securing additional capital, which could have significant implications for its financial strategy and market operations.
More about Southern Gold Limited
YTD Price Performance: 40.0%
Average Trading Volume: 3,290,223
Technical Sentiment Signal: Buy
Current Market Cap: A$50.01M
See more data about ION stock on TipRanks’ Stock Analysis page.