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S2 Resources Raises $3 Million Through Share Issuance

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S2 Resources Raises $3 Million Through Share Issuance

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S2 Resources ( (AU:S2R) ) just unveiled an update.

S2 Resources Limited has issued 29,744,200 fully paid ordinary shares to Agnico Eagle Mines Limited at a price of $0.10086 per share, raising $3 million. This transaction, announced on October 30, 2025, is part of the company’s strategic financial maneuvers to bolster its capital, potentially enhancing its operational capabilities and market position.

More about S2 Resources

S2 Resources Limited is a company involved in the mining industry, focusing on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code S2R.

Average Trading Volume: 884,428

Technical Sentiment Signal: Sell

Current Market Cap: A$44.13M

For detailed information about S2R stock, go to TipRanks’ Stock Analysis page.

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