tiprankstipranks
Sunstone Metals Launches $2M Share Purchase Plan
Company Announcements

Sunstone Metals Launches $2M Share Purchase Plan

Sunstone Metals Limited (AU:STM) has released an update.

Pick the best stocks and maximize your portfolio:

Sunstone Metals Limited has launched a $2 million Share Purchase Plan (SPP) to finance the development of its Ecuadorian mining projects and to accelerate exploration through potential partnerships. Shareholders participating in the SPP will receive one free option for every two shares purchased. The funds raised will contribute to resource estimates at the El Palmar and Limon projects, with a focus on copper, gold, and silver.

For further insights into AU:STM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskSunstone Metals Director Increases Shareholding
TipRanks Australian Auto-Generated NewsdeskSunstone Metals Issues Unquoted Performance Rights
TipRanks Australian Auto-Generated NewsdeskSunstone Metals Unveils Major Gold-Copper Discovery
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