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Frontier Resources Limited ( (AU:LNR) ) has provided an announcement.
Lanthanein Resources Limited announced the results of its non-renounceable pro-rata entitlement offer, which closed on July 23, 2025. The offer allowed eligible shareholders to purchase additional shares, resulting in applications for 692,864,885 new shares and raising gross proceeds of $692,864.88. The offer was fully underwritten by Inyati Capital Pty Ltd, and the issuance of new shares is scheduled for July 30, 2025. The company expressed gratitude to its shareholders for their support, and the underwriter will subscribe for the shortfall shares, which will be issued on August 4, 2025.
More about Frontier Resources Limited
Lanthanein Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company primarily engages in the provision of mining services and is involved in various projects aimed at resource extraction and development.
Current Market Cap: A$4.92M
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