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Lachlan Star Completes First Tranche of Share Placement

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Lachlan Star Completes First Tranche of Share Placement

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An update from Lachlan Star ( (AU:LSA) ) is now available.

Lachlan Star Limited, listed on the ASX under the ticker LSA, has completed the first tranche of a two-part placement by issuing 36,650,000 fully paid ordinary shares at $0.05 per share. This strategic move, previously announced on August 28, 2025, is part of the company’s efforts to strengthen its capital base. The company has adhered to all relevant provisions of the Corporations Act and confirms there is no excluded information to disclose, indicating transparency and compliance with regulatory requirements.

More about Lachlan Star

Average Trading Volume: 106,249

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$13.13M

See more data about LSA stock on TipRanks’ Stock Analysis page.

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