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Scorpion Minerals Issues 50.8 Million Unquoted Equity Securities

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Scorpion Minerals Limited ( (AU:SCN) ) has issued an announcement.

Scorpion Minerals Limited has announced the issuance of 50,800,000 unquoted equity securities in the form of options expiring on April 24, 2026, with an exercise price of $0.04. This move is part of previously announced transactions and is intended to support the company’s strategic initiatives, potentially impacting its market positioning and offering opportunities for stakeholders to engage with the company’s growth trajectory.

More about Scorpion Minerals Limited

Scorpion Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and extracting valuable minerals, contributing to the supply chain of raw materials for various industrial applications.

Average Trading Volume: 953,622

Technical Sentiment Signal: Buy

Current Market Cap: A$10.76M

Find detailed analytics on SCN stock on TipRanks’ Stock Analysis page.

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