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S2 Resources ( (AU:S2R) ) has provided an announcement.
S2 Resources has issued 373,134 fully paid ordinary shares as consideration under an Earn In Agreement, with the new securities forming part of its existing class of quoted ordinary shares on the ASX. The company confirmed that the shares were issued without a prospectus under applicable Corporations Act exemptions, and affirmed its compliance with continuous disclosure and financial reporting obligations, signalling that no additional material information is required for investors to assess the company or the rights attached to the new shares.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
More about S2 Resources
S2 Resources Limited is an Australian mineral exploration company listed on the ASX under the code S2R, focused on discovering and advancing resource projects through exploration and earn-in agreements.
Average Trading Volume: 745,436
Technical Sentiment Signal: Sell
Current Market Cap: A$36.12M
See more data about S2R stock on TipRanks’ Stock Analysis page.