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Scorpion Minerals Limited to Quote 12.5 Million New Securities on ASX

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Scorpion Minerals Limited to Quote 12.5 Million New Securities on ASX

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

Scorpion Minerals Limited has announced the issuance of 12,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code SCN. This move is part of previously announced transactions and signifies a strategic step in enhancing the company’s capital structure, potentially impacting its market position and offering new opportunities for stakeholders.

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 involved in the discovery and extraction of valuable minerals, positioning itself within the competitive mining sector.

YTD Price Performance: 26.67%

Average Trading Volume: 874,491

Technical Sentiment Signal: Buy

Current Market Cap: A$9.48M

For an in-depth examination of SCN stock, go to TipRanks’ Stock Analysis page.

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