- Sovereign Metals (SVM) has tapped institutional investors for a tidy $8 million in a placement backed by Sprott Group affiliates
- Sovereign offered up 20,000,000 new company shares at 40 cents apiece under the placement, with a one-for-two unlisted option attached to each
- The fresh capital is set to fuel exploration and drilling endeavours at the company's flagship rutile Kasiya deposit in Malawi
- The news also follows a new discovery target within the region, which Sovereign says shows high-grade mineralisation and touts a nine-kilometre strike lengthSovereign is trading steady at 45 cents per share on Tuesday morning
To read the full article on The Market Herald click here.
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- Sovereign Metals (ASX:SVM) looks to bank $8M under new Sprott investment
Sovereign Metals (ASX:SVM) looks to bank $8M under new Sprott investment
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Last
50.5¢ |
Change
0.015(3.06%) |
Mkt cap ! $284.3M |
Open | High | Low | Value | Volume |
50.0¢ | 51.5¢ | 50.0¢ | $149.3K | 296.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27117 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 56548 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27117 | 0.500 |
1 | 25000 | 0.495 |
5 | 136025 | 0.490 |
1 | 30000 | 0.485 |
9 | 171551 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 9125 | 7 |
0.510 | 22341 | 2 |
0.515 | 28622 | 3 |
0.520 | 195228 | 2 |
0.540 | 100000 | 1 |
Last trade - 14.57pm 06/05/2024 (20 minute delay) ? |
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Last
50.5¢ |
  |
Change
0.015 ( 4.12 %) |
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Open | High | Low | Volume | ||
51.0¢ | 51.0¢ | 50.0¢ | 49420 | ||
Last updated 14.57pm 06/05/2024 ? |
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