Labyrinth Resources Limited (AU:LRL) has released an update.
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Labyrinth Resources Limited has announced plans to issue a maximum of 12.5 million fully paid ordinary shares, with the proposed issue date set for September 30, 2024. This move aims to raise capital through a placement or other type of security issue, subject to approval by the Australian Securities Exchange (ASX).
For further insights into AU:LRL stock, check out TipRanks’ Stock Analysis page.