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DiscovEx Resources Limited ( (AU:LAT) ) has shared an update.
Latitude 66 Limited has lodged an application with the ASX for quotation of additional ordinary fully paid shares under code LAT. The filing identifies the entity and confirms the issuance of new equity securities without providing further operational or strategic background.
The company has issued 511,365 new ordinary fully paid shares on 11 February 2026 as partial payment for corporate advisory services from Longreach Capital Pty Ltd, exercising a contractual option to settle fees in equity. This share-based payment slightly increases Latitude 66’s share capital and uses equity rather than cash to compensate advisers, which may help preserve the company’s cash reserves.
More about DiscovEx Resources Limited
Latitude 66 Limited is an ASX-listed company identified by issuer code LAT. The announcement does not specify its industry, primary products, or services, and focuses solely on a capital-related transaction rather than operational details.
Average Trading Volume: 671,740
Technical Sentiment Signal: Sell
Current Market Cap: A$26.28M
Find detailed analytics on LAT stock on TipRanks’ Stock Analysis page.