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An announcement from Latrobe Magnesium Limited ( (AU:LMG) ) is now available.
Latrobe Magnesium Limited has announced a proposed issue of 42,626,655 unlisted options as part of a placement or other type of issue, scheduled for November 11, 2025. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its financial position and market strategy.
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 involved in the development of magnesium production facilities and aims to cater to various industrial applications, enhancing its market presence.
Average Trading Volume: 3,774,098
Technical Sentiment Signal: Hold
Current Market Cap: A$71.13M
For an in-depth examination of LMG stock, go to TipRanks’ Overview page.