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Lake Resources Issues New Shares Following Option Exercise

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Lake Resources Issues New Shares Following Option Exercise

TipRanks Cyber Monday Sale

Lake Resources N.L. ( (AU:LKE) ) just unveiled an announcement.

Lake Resources N.L. has issued 197,008 fully paid ordinary shares at A$0.05 each following the exercise of quoted options. This move, authorized by the company’s board, signifies compliance with the Corporations Act 2001, ensuring transparency and adherence to disclosure obligations, potentially impacting investor confidence positively.

The most recent analyst rating on (AU:LKE) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Lake Resources N.L. stock, see the AU:LKE Stock Forecast page.

More about Lake Resources N.L.

YTD Price Performance: 80.95%

Average Trading Volume: 22,492,371

Technical Sentiment Signal: Hold

Current Market Cap: A$169.7M

Find detailed analytics on LKE stock on TipRanks’ Stock Analysis page.

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