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Scorpion Minerals Issues 500,000 New Shares

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Scorpion Minerals Issues 500,000 New Shares

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

Scorpion Minerals Limited announced the issuance of 500,000 fully paid ordinary shares following the exercise of options expiring on April 21, 2025. This move, compliant with the Corporations Act 2001, allows the shares to be sold without disclosure, potentially enhancing liquidity and market positioning for the company.

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 listed on the Australian Securities Exchange under the ticker SCN.

Average Trading Volume: 939,432

Technical Sentiment Signal: Buy

Current Market Cap: A$8.7M

See more insights into SCN stock on TipRanks’ Stock Analysis page.

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