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Sipa Resources Limited ( (AU:SRI) ) just unveiled an announcement.
Sipa Resources Limited has successfully completed a share placement, issuing over 104 million shares at 1.4 cents each, raising $1.46 million. This move supports the company’s ongoing exploration efforts and strengthens its financial position, potentially enhancing its market presence in the precious and base metals sector.
More about Sipa Resources Limited
Sipa Resources Limited 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: 1,616,217
Technical Sentiment Signal: Buy
Current Market Cap: A$7.08M
See more data about SRI stock on TipRanks’ Stock Analysis page.
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