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The latest update is out from Leeuwin Metals Ltd ( (AU:LM1) ).
Leeuwin Metals Ltd has notified the market of a new issue of unquoted options, with 2 million options to be granted that are exercisable at A$0.40 and set to expire on 19 December 2028. The options, which stem from a previously announced transaction and are not intended to be quoted on the ASX, represent a fresh tranche of equity-linked incentives that could potentially dilute existing shareholders if exercised but may also support capital structure flexibility and alignment with stakeholders over the medium term.
More about Leeuwin Metals Ltd
Average Trading Volume: 397,068
Technical Sentiment Signal: Hold
Current Market Cap: A$19.72M
Learn more about LM1 stock on TipRanks’ Stock Analysis page.