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Southern Palladium Announces Proposed Issue of 16 Million Securities

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Southern Palladium Announces Proposed Issue of 16 Million Securities

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Southern Palladium Ltd. ( (AU:SPD) ) has issued an update.

Southern Palladium Limited has announced a proposed issue of 16,000,000 fully paid ordinary securities, with the expected issue date set for June 19, 2025. This move is likely to impact the company’s financial structure and market positioning, potentially enhancing its capital base and supporting its strategic initiatives in the palladium sector.

More about Southern Palladium Ltd.

Southern Palladium Limited operates in the mining industry, focusing on the exploration and development of palladium resources. The company is involved in the extraction and production of palladium, catering to the demand in various industrial applications and the automotive sector.

Average Trading Volume: 51,864

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$45.47M

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

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