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Southern Gold Limited ( (AU:ION) ) has shared an announcement.
Iondrive Limited has reported the expiry of 10 million options and 10 million performance shares, both of which lapsed unexercised on 19 April 2026. The cessation of these convertible securities reduces potential future dilution for existing shareholders and simplifies the company’s capital structure, although it does not immediately affect the number of ordinary shares on issue.
More about Southern Gold Limited
Iondrive Limited is an ASX-listed company, trading under the code ION. The announcement concerns changes to its capital structure but does not specify the company’s industry, products, or market focus.
YTD Price Performance: -41.86%
Average Trading Volume: 2,762,796
Technical Sentiment Signal: Sell
Current Market Cap: A$32.4M
See more data about ION stock on TipRanks’ Stock Analysis page.