Lodestar Minerals Limited (AU:LSR) has released an update.
Lodestar Minerals Limited has announced a pro-rata non-renounceable entitlement issue, offering two new shares for every three held at $0.001 each, aiming to raise up to $1,348,931. The offer includes a free option with every two shares applied for, though the company cautions that the securities should be considered highly speculative. This replacement prospectus, dated 6 June 2024, supersedes the previous one from 4 June 2024, with amendments including a reduced issue price and a modified entitlement ratio.
For further insights into AU:LSR 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.
