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IonDrive Limited Issues Unquoted Equity Securities

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IonDrive Limited Issues Unquoted Equity Securities

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Southern Gold Limited ( (AU:ION) ) just unveiled an update.

IonDrive Limited has announced the issuance of unquoted equity securities, specifically 10 million options expiring on March 3, 2028, at an exercise price of $0.025. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.

More about Southern Gold Limited

YTD Price Performance: 46.67%

Average Trading Volume: 2,974,973

Technical Sentiment Signal: Buy

Current Market Cap: A$52.04M

For a thorough assessment of ION stock, go to TipRanks’ Stock Analysis page.

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