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St. George Mining Ltd. Issues Prospectus to Remove Trading Restrictions

Story Highlights
  • St. George Mining Ltd. offers shares and options to remove trading restrictions.
  • The prospectus aligns with ASX requirements and is part of continuous disclosure obligations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St. George Mining Ltd. Issues Prospectus to Remove Trading Restrictions

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The latest announcement is out from St. George Mining Ltd. ( (AU:SGQ) ).

St. George Mining Ltd. has issued a prospectus for the offering of up to 1,000 shares at $0.12 per share and up to 1,000 options at $0.072 per option. The primary aim of this prospectus is to remove trading restrictions on the sale of securities issued by the company before the closing date, as per section 708A(11) of the Corporations Act. This move is part of the company’s continuous disclosure obligations and is intended to align with the ASX requirements. The securities offered are considered highly speculative, and the prospectus is meant to be read in conjunction with other publicly available information about the company.

More about St. George Mining Ltd.

Average Trading Volume: 20,857,444

Technical Sentiment Signal: Buy

Current Market Cap: A$336.3M

For an in-depth examination of SGQ stock, go to TipRanks’ Overview page.

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