Labyrinth Resources Corrects Securities Issue Ratio
Company Announcements

Labyrinth Resources Corrects Securities Issue Ratio

Labyrinth Resources Limited (AU:LRL) has released an update.

Labyrinth Resources Limited has announced an update to a previous securities issue proposal, correcting the ratio to a whole number due to form restrictions. The updated document now reflects a revised non-renounceable pro-rata issue ratio, adjusted from 1 for 1.983 to a whole number to comply with form requirements.

For further insights into AU:LRL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskLabyrinth Resources Shareholders Approve Key Resolutions
TipRanks Australian Auto-Generated NewsdeskLabyrinth Resources Touts High-Grade Gold Prospects
TipRanks Australian Auto-Generated NewsdeskLabyrinth Resources Eyes Untapped Gold Potential
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App