An announcement from Sunshine Gold Ltd ( (AU:SHN) ) is now available.
Sunshine Metals Limited announced a proposed issue of 396,666,667 fully paid ordinary securities, scheduled for April 3, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base and enhancing its financial flexibility.
More about Sunshine Gold Ltd
Sunshine Metals Limited operates in the metals industry, focusing on the production and distribution of various metal products. The company is listed on the Australian Securities Exchange (ASX) under the code SHN.
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$12.7M
See more data about SHN stock on TipRanks’ Stock Analysis page.