Scorpion Minerals Limited ( (AU:SCN) ) has issued an update.
Scorpion Minerals Limited has issued 12,500,000 fully paid ordinary shares as part of a placement announced on 27 March 2025. This issuance is in compliance with the Corporations Act 2001, allowing the shares to be sold without disclosure under specific exemptions. This move is expected to enhance the company’s capital structure and potentially improve its market positioning.
More about Scorpion Minerals Limited
Scorpion Minerals Limited is a company operating in the mining industry, primarily focused on mineral exploration and development. The company is listed on the Australian Securities Exchange under the ticker SCN.
YTD Price Performance: 26.67%
Average Trading Volume: 874,491
Technical Sentiment Signal: Buy
Current Market Cap: A$9.48M
For a thorough assessment of SCN stock, go to TipRanks’ Stock Analysis page.