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Scorpion Minerals Seeks Suspension Extension Amid Capital & Joint Venture Talks

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Scorpion Minerals Seeks Suspension Extension Amid Capital & Joint Venture Talks

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

Scorpion Minerals Limited has requested an extension to the voluntary suspension of its securities as it finalizes arrangements for a capital raising and a joint venture agreement. This move is aimed at strengthening the company’s financial position and strategic capabilities, with an announcement expected by 14 February 2025, which could have significant implications for its market operations and stakeholders.

More about Scorpion Minerals Limited

Scorpion Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is engaged in identifying and evaluating mineral resource opportunities, aiming to enhance its position in the market through strategic ventures and capital initiatives.

YTD Price Performance: -25.00%

Average Trading Volume: 267,605

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.14M

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

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