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Scorpion Minerals Updates Proposed Securities Issue

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Scorpion Minerals Updates Proposed Securities Issue

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Scorpion Minerals Limited ( (AU:SCN) ) has shared an announcement.

Scorpion Minerals Limited announced an update regarding a proposed issue of securities, specifically addressing the participation of newly appointed Non-Executive Director, Mr. Peter Koller. The issuance of 7,500,000 shares to Mr. Koller is now pending shareholder approval, and an error in the original announcement was corrected to reflect a one-year expiry for the free attaching options instead of two years. This update may impact the company’s capital structure and stakeholder interests by ensuring accurate compliance with regulatory requirements.

More about Scorpion Minerals Limited

Scorpion Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is primarily involved in the discovery and extraction of precious metals and other valuable mineral resources.

YTD Price Performance: 10.0%

Average Trading Volume: 462,733

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$9.01M

Find detailed analytics on SCN stock on TipRanks’ Stock Analysis page.

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