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Lanthanein Resources Director Increases Stake through Rights Entitlement

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Lanthanein Resources Director Increases Stake through Rights Entitlement

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Frontier Resources Limited ( (AU:LNR) ) has shared an announcement.

Lanthanein Resources Ltd has announced a change in the director’s interest, specifically involving Peter Pawlowitsch, who has acquired 193,782,974 fully paid ordinary shares through sub-underwriting of a Rights Entitlement Issue. This acquisition, valued at $145,337, reflects a significant change in the director’s indirect interest, indicating a potential strategic move to strengthen his stake in the company.

More about Frontier Resources Limited

Average Trading Volume: 298,620

Current Market Cap: A$147.5M

See more insights into LNR stock on TipRanks’ Stock Analysis page.

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