SVM 3.08% 63.0¢ sovereign metals limited

July 17 (Reuters) - Sovereign Metals Ltd (SVM) : RIO TINTO TO...

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    July 17 (Reuters) - Sovereign Metals Ltd (SVM) :

    • RIO TINTO TO INVEST A$40.4 MILLION AND BECOME A 15% STRATEGIC INVESTOR IN SOVEREIGN
    • INVESTMENT PROCEEDS WILL BE USED TO ADVANCE KASIYA RUTILE-GRAPHITE PROJECT IN MALAWI
    • RIO ALSO ISSUED WITH 34.5 MILLION OPTIONS TO INCREASE SHAREHOLDING BY ADDITIONAL 4.99% TO POTENTIALLY 19.99% OF CO WITHIN 12 MONTHS
    • SOVEREIGN AND RIO TINTO HAVE ALSO ENTERED INTO AN INVESTMENT AGREEMENT
    • UNDER INVESTMENT AGREEMENT, CO AND RIO TINTO WILL WORK TOGETHER TO QUALIFY KASIYA'S GRAPHITE PRODUCT
 
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Last
63.0¢
Change
-0.020(3.08%)
Mkt cap ! $354.6M
Open High Low Value Volume
65.0¢ 65.0¢ 61.0¢ $238.0K 379.6K

Buyers (Bids)

No. Vol. Price($)
1 23082 62.5¢
 

Sellers (Offers)

Price($) Vol. No.
63.0¢ 49851 2
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Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
63.0¢
  Change
-0.020 ( 1.56 %)
Open High Low Volume
63.5¢ 63.5¢ 61.0¢ 97657
Last updated 15.56pm 06/06/2024 ?
SVM (ASX) Chart
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