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Scorpion Minerals Limited ( (AU:SCN) ) has issued an update.
Scorpion Minerals Limited has applied to the ASX for quotation of 4,150,000 new ordinary fully paid shares, to be issued on 23 December 2025. The additional securities, arising from the exercise or conversion of existing instruments, will modestly increase the company’s listed share capital and may provide incremental funding flexibility and liquidity for shareholders, though without further detail the immediate strategic impact appears limited.
More about Scorpion Minerals Limited
Scorpion Minerals Limited is an Australian-listed resources company focused on mineral exploration and development, with its ordinary fully paid shares traded on the ASX under the ticker SCN.
Average Trading Volume: 1,544,787
Technical Sentiment Signal: Sell
Current Market Cap: A$13.2M
See more insights into SCN stock on TipRanks’ Stock Analysis page.