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The latest announcement is out from Southern Palladium Ltd. ( (AU:SPD) ).
Southern Palladium Ltd. has successfully completed the second tranche of its placement, issuing 11,581,815 fully paid ordinary shares at $1.10 per share, raising A$12.74 million. This move, approved at the company’s Annual General Meeting, strengthens its financial position and aligns with its strategic goals, potentially enhancing its market presence and stakeholder value.
More about Southern Palladium Ltd.
Southern Palladium Ltd. operates in the mining industry, focusing on the exploration and development of palladium resources. The company is listed on the Australian Securities Exchange (ASX) and Johannesburg Stock Exchange (JSE), indicating its market focus in both Australia and South Africa.
Average Trading Volume: 151,442
Technical Sentiment Signal: Buy
Current Market Cap: A$134.6M
Learn more about SPD stock on TipRanks’ Stock Analysis page.