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Lanthanein Resources Ltd Issues 38 Million Unquoted Equity Options

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Lanthanein Resources Ltd Issues 38 Million Unquoted Equity Options

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

Lanthanein Resources Ltd has announced the issuance of 38,000,000 unquoted equity securities in the form of options exercisable at $0.0338, set to expire on August 15, 2029. This issuance marks a strategic financial maneuver for the company, potentially impacting its capital structure and providing opportunities for stakeholders to engage with the company’s growth trajectory.

More about Frontier Resources Limited

YTD Price Performance: 12.12%

Average Trading Volume: 331,793

Technical Sentiment Signal: Sell

Current Market Cap: A$4.73M

For an in-depth examination of LNR stock, go to TipRanks’ Overview page.

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