Saturn Metals Launches $2 Million Share Purchase Plan

An announcement from Saturn Metals Ltd. ( (AU:STN) ) is now available.

Saturn Metals Limited has announced a Share Purchase Plan (SPP) for its eligible shareholders in Australia and New Zealand, allowing them to purchase up to $30,000 worth of new shares without brokerage fees. The SPP aims to raise $2 million, which will be allocated towards advancing the Apollo Hill Gold Project, including pre-feasibility and definitive feasibility studies, resource drilling, and general corporate expenses.

More about Saturn Metals Ltd.

Saturn Metals Limited operates in the mining industry, focusing primarily on gold exploration and development. The company is engaged in advancing its Apollo Hill Gold Project, which is a key asset in its portfolio.

YTD Price Performance: 12.20%

Average Trading Volume: 429,098

Technical Sentiment Signal: Sell

Current Market Cap: A$71.04M

For detailed information about STN stock, go to TipRanks’ Stock Analysis page.