tiprankstipranks
Terra Capital Acquires Substantial Stake in Southern Gold Limited
Company Announcements

Terra Capital Acquires Substantial Stake in Southern Gold Limited

Story Highlights

Stay Ahead of the Market:

An announcement from Southern Gold Limited ( (AU:ION) ) is now available.

Southern Gold Limited has announced that Terra Capital Natural Resources Fund Pty Ltd and Terra Capital Green Metals Fund Pty Ltd have become substantial holders in the company, with a relevant interest in a significant number of voting shares. The acquisition of these shares, totaling 58,606,423 with a consideration of $1,126,408.10, represents a 6.57% voting power in Southern Gold Limited, indicating a notable investment and potential influence by Terra Capital in the company’s future direction.

More about Southern Gold Limited

YTD Price Performance: -9.09%

Average Trading Volume: 85,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €15.49M

Learn more about ION stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles