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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.