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Latrobe Magnesium Limited ( (AU:LMG) ) has shared an announcement.
Latrobe Magnesium Limited has announced the issuance of 42,626,655 unquoted securities with an option expiring on November 12, 2027, at an exercise price of $0.046. This issuance is part of a previously announced transaction, reflecting the company’s strategic financial maneuvers to support its operations and growth within the magnesium production sector.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited operates in the magnesium production industry, focusing on the development and commercialization of magnesium products. The company is involved in producing magnesium from industrial waste, with a market focus on sustainable and environmentally friendly production methods.
Average Trading Volume: 7,145,366
Technical Sentiment Signal: Hold
Current Market Cap: A$79.88M
For detailed information about LMG stock, go to TipRanks’ Stock Analysis page.