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Scorpion Minerals Limited Announces Proposed Securities Issue

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Scorpion Minerals Limited Announces Proposed Securities Issue

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Scorpion Minerals Limited ( (AU:SCN) ) has provided an update.

Scorpion Minerals Limited announced a proposed issue of securities, including 37.5 million unlisted options and 101.6 million fully paid ordinary shares. This move is intended to support the company’s capital raising efforts, which could enhance its operational capabilities and strengthen its position in the mineral exploration sector.

More about Scorpion Minerals Limited

Scorpion Minerals Limited operates within the mining industry, focusing on the exploration and development of mineral resources.

YTD Price Performance: -25.00%

Average Trading Volume: 259,882

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.14M

See more data about SCN stock on TipRanks’ Stock Analysis page.

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