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Sipa Resources Limited ( (AU:SRI) ) has shared an announcement.
Sipa Resources Limited has completed the second tranche of its Share Placement, issuing 10,714,286 shares to its directors at 1.4 cents each, raising $150,000. This move, following shareholder approval, reflects the company’s ongoing efforts to optimize its asset portfolio for efficient exploration, with no additional disclosures required under the Corporations Act.
More about Sipa Resources Limited
Sipa Resources Limited (ASX: SRI) is an Australian-based exploration company focused on discovering precious, base, and specialty metal deposits. The company has projects in Western Australia and South Australia, with a current emphasis on gold exploration in the Gawler Craton and the Crown Project near Kalgoorlie.
Average Trading Volume: 1,807,972
Technical Sentiment Signal: Hold
Current Market Cap: A$9.37M
See more insights into SRI stock on TipRanks’ Stock Analysis page.