Lotus Resources Plans Major Securities Issuance

Lotus Resources Limited (AU:LOT) has released an update.

Lotus Resources Limited has announced a proposed issuance of up to 172,354,145 ordinary fully paid securities, set to take place on December 13, 2024. This move is part of their strategy to raise capital and potentially enhance their market presence. Investors may find this an attractive opportunity as the company aims to bolster its financial standing.

For further insights into AU:LOT 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.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.