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An announcement from Latrobe Magnesium Limited ( (AU:LMG) ) is now available.
Latrobe Magnesium Limited has announced the dispatch of its Offer Document for a non-renounceable rights issue to eligible shareholders as of the record date, October 16, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its financial operations and market positioning by providing existing shareholders the opportunity to increase their investment.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited operates in the magnesium industry, focusing on the production and supply of magnesium products. The company is listed on the Australian Securities Exchange (ASX) under the ticker LMG.
Average Trading Volume: 3,669,337
Technical Sentiment Signal: Sell
Current Market Cap: A$70.25M
For a thorough assessment of LMG stock, go to TipRanks’ Stock Analysis page.