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Southern Gold Limited ( (AU:ION) ) just unveiled an announcement.
Iondrive Limited announced that all resolutions from its recent General Meeting were approved by a large margin. These resolutions include the ratification of past share placements and the approval for future share issuances, reflecting strong shareholder support. The successful outcomes of these votes may enhance Iondrive’s ability to advance its battery recycling initiatives and strengthen its market position in sustainable technology.
More about Southern Gold Limited
Iondrive Limited, listed on the Australian Securities Exchange (ASX: ION), is a pioneering company in battery recycling technology. It leverages a patented Deep Eutectic Solvent-based process to safely and efficiently extract critical components from used lithium-ion batteries. Iondrive also holds exclusive global licenses from the University of Adelaide for advanced battery technologies, including high-performance lithium-ion batteries and cost-effective, water-based batteries with extended cycle life.
Average Trading Volume: 56,970
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €12.46M
See more insights into ION stock on TipRanks’ Stock Analysis page.
