Legacy Iron Ore Ltd (AU:LCY) has released an update.
Legacy Iron Ore Ltd has successfully completed the institutional component of its Accelerated Non-Renounceable Entitlement Offer, raising A$22.15 million. The retail portion, aiming to gather an additional A$2.09 million, is set to open soon, offering shareholders a chance to expand their investment. This move reflects strong support from major shareholders and aims to bolster the company’s financial standing.
For further insights into AU:LCY stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
