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Southern Palladium Ltd. ( (AU:SPD) ) has shared an announcement.
Southern Palladium Ltd. has released an SPP Offer Booklet to provide eligible shareholders in Australia and New Zealand the opportunity to participate in a Share Purchase Plan (SPP). The offer is not available to investors in the United States or other jurisdictions where such an offer would be illegal. This initiative aims to raise capital for the company’s operations, potentially impacting its market positioning by strengthening its financial base and enabling further development of its palladium projects.
More about Southern Palladium Ltd.
Southern Palladium Ltd. operates in the mining industry, focusing on the exploration and development of palladium resources. The company is primarily engaged in the extraction and production of palladium, a precious metal used in various industrial applications, including automotive catalytic converters and electronics.
Average Trading Volume: 127,467
Technical Sentiment Signal: Buy
Current Market Cap: A$117.6M
Learn more about SPD stock on TipRanks’ Stock Analysis page.