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An announcement from Southern Palladium Ltd. ( (AU:SPD) ) is now available.
Southern Palladium Limited has issued 3,538,000 fully paid ordinary shares at $0.875 per share following the exercise of options by existing optionholders, with the new shares ranking equally with its current ordinary shares on issue. The company has confirmed that these shares were issued without a separate disclosure document, while stating it is in compliance with its continuous disclosure and financial reporting obligations and that there is no undisclosed price-sensitive information, providing assurance to investors about transparency and regulatory adherence.
More about Southern Palladium Ltd.
Southern Palladium Limited is a dual-listed company on the ASX and JSE that issues fully paid ordinary shares under the SPD and SDL codes. The company operates within the resources sector, with its capital structure including options that can be exercised into ordinary equity to support its ongoing activities and market presence.
Average Trading Volume: 214,142
Technical Sentiment Signal: Buy
Current Market Cap: A$204.1M
Learn more about SPD stock on TipRanks’ Stock Analysis page.