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An announcement from Superior Resources Limited ( (AU:SPQ) ) is now available.
Superior Resources Limited has completed a capital raising through a share placement to sophisticated investors and the exercise of existing options, expanding its ordinary share base. The company issued 266,666,666 new shares at $0.0075 each via placement and 21,429 shares from exercised options, all without a prospectus, and confirmed it is compliant with its financial reporting and continuous disclosure obligations and that there is no undisclosed price-sensitive information, signaling regulatory compliance and transparency for investors.
More about Superior Resources Limited
YTD Price Performance: -16.67%
Average Trading Volume: 4,430,458
Technical Sentiment Signal: Sell
Current Market Cap: A$23.74M
See more insights into SPQ stock on TipRanks’ Stock Analysis page.