Dec 7 (Reuters) - Sovereign Metals Ltd (SVM) :
- SOVEREIGN TO DEMERGE STANDALONE GRAPHITE PROJECTS
- TO DEMERGE THE NANZEKA, MALINGUNDE, DUWI AND MABUWA PROJECTS INTO A WHOLLY OWNED UNIT, NGX LIMITED
- DEMERGER WILL INVOLVE IN-SPECIE DISTRIBUTION TO CO'S SHAREHOLDERS ON BASIS OF 1 NGX SHARE FOR EVERY ELEVEN 11 SOVEREIGN SHARES
- NGX IS PROPOSING TO PURSUE AN ASX LISTING THROUGH AN INITIAL PUBLIC OFFERING
- SOVEREIGN WILL RETAIN ALL GRAPHITE CO-PRODUCT FROM KASIYA RUTILE PROJECT
- NGX IPO IS EXPECTED TO COMPRISE A PRIORITY OFFER TO EXISTING SHAREHOLDERS
News: SVM Sovereign Metals Announces Demerger Of Standalone Graphite Projects Into New Unit
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
-0.020(2.90%) |
Mkt cap ! $433.4M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.5¢ | 67.0¢ | $166.3K | 243.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 64529 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 12718 | 5 |
View Market Depth
| Last trade - 12.01pm 08/09/2025 (20 minute delay) ? |
| SVM (ASX) Chart |