Sipa Resources Limited (AU:SRI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Sipa Resources Limited has announced the acquisition of four advanced gold exploration projects in South Australia and Western Australia, positioning the company near significant gold deposits. The deal, valued up to $2.2 million, includes a capital raising of $1.75 million to fund exploration and acquisition costs. The company also welcomes Stephen Biggins, former MD of Core Lithium, to its board, signaling a strategic boost for Sipa’s exploration endeavors.
For further insights into AU:SRI stock, check out TipRanks’ Stock Analysis page.