SQX
Copper & Base MetalsDOWNTREND$0.046
as of 2026-09-09
5d return
+0.0%
20d return
-16.4%
60d return
-23.3%
RSI 14
21.8
vs 52w high
-80.0%
vs 52w low
+7.0%
SMA 20
Below
SMA 50
Below
SQX is raising ~$2.5m via fully underwritten non-renounceable entitlement offer at $0.04/share to shore up balance sheet, with directors sub-underwriting $130k. The company remains in capital-constrained exploration mode with no material near-term news flow.
- 2026-08-21Cleansing Notice
- 2026-08-21Proposed issue of securities - SQX
SQX is raising $2.47M via a 2-for-3 non-renounceable rights issue at a steep 31% discount to close, fully underwritten by Alpine Capital, to fund exploration of Red Bird (26%), Williams (39%), and Ollenburgs (7%) copper and gold projects in North America. The deep discount and director sub-underwriting commitment indicator tight liquidity and suggest existing shareholders may face material dilution if take-up is weak.