Labyrinth Resources Limited (AU:LRL) has released an update.
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Labyrinth Resources Limited has announced a significant new securities issuance set for 30th September 2024, which includes 2.58 billion ordinary shares and a total of 90 million call options with a 5-year maturity. The announcement was made on 16th July 2024, detailing the proposed issue as part of a placement or other type of securities issue. This move is aimed at expanding the company’s financial capabilities and is subject to approval by the ASX.
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