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Scorpion Minerals Expands Share Issuance to Boost Market Liquidity

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Scorpion Minerals Expands Share Issuance to Boost Market Liquidity

Confident Investing Starts Here:

Scorpion Minerals Limited ( (AU:SCN) ) just unveiled an announcement.

Scorpion Minerals Limited has issued 11,850,000 fully paid ordinary shares following approval at its Extraordinary General Meeting. This issuance, compliant with the Corporations Act 2001, allows the shares to be exempt from certain on-sale restrictions, potentially enhancing liquidity and market presence for the company.

More about Scorpion Minerals Limited

Scorpion Minerals Limited is a company listed on the Australian Securities Exchange (ASX:SCN), operating in the minerals industry. The company focuses on the exploration and development of mineral resources, contributing to the mining sector.

Average Trading Volume: 953,622

Technical Sentiment Signal: Buy

Current Market Cap: A$10.76M

Learn more about SCN stock on TipRanks’ Stock Analysis page.

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