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St. George Mining Ltd. ( (AU:SGQ) ) just unveiled an announcement.
St George Mining Limited has announced the exercise of options by several holders, allowing them to acquire ordinary fully paid shares in the company. To facilitate this process and remove any trading restrictions on these shares, St George has lodged a cleansing prospectus with the Australian Securities and Investments Commission. This move is significant as it addresses the company’s inability to issue a cleansing notice due to a previous suspension from trading on the ASX, thereby ensuring the shares can be freely traded. The cleansing offer closes on 6 October 2025, and option holders are reminded to complete the necessary forms and payments if they wish to exercise their options.
More about St. George Mining Ltd.
St George Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the acquisition and development of nickel, copper, and other valuable mineral deposits, positioning itself within the resource extraction market.
Average Trading Volume: 20,857,444
Technical Sentiment Signal: Buy
Current Market Cap: A$336.3M
For a thorough assessment of SGQ stock, go to TipRanks’ Stock Analysis page.