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Santana Minerals Ltd. ( (AU:SMI) ) just unveiled an announcement.
Santana Minerals Ltd. has announced a clarification regarding its recent A$60 million fully-underwritten placement and A$3 million share purchase plan (SPP). The company corrected a typographical error in the timetable of its previous announcement, confirming that the allotment, quotation, and trading of new shares under the placement are expected to occur on 18 August 2025. This update ensures stakeholders are informed of the correct schedule, maintaining transparency and accuracy in the company’s financial communications.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.07 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd. operates in the mining industry, focusing on mineral exploration and development. The company is listed on the Australian Securities Exchange (ASX) and the New Zealand Exchange (NZX), with a market focus on expanding its mineral resource base.
Average Trading Volume: 1,095,244
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$455.3M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.