SDL Regulatory Filing Neutral
SOUTHERN PALLADIUM LIMITED - Notice under Section 708A(5)(e) of the Corporations Act
Southern Palladium Limited
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What this filing means
Southern Palladium issued a routine regulatory notice confirming the issuance of 600,000 shares following the exercise of options.
Bull case
- The company issued 600,000 fully paid ordinary shares at $0.875 per share following the exercise of options.
- The filing formally confirms compliance with the relevant sections of the Australian Corporations Act.
Bear case
- The issuance of 600,000 new shares introduces marginal equity dilution for existing shareholders.
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