Legacy Iron Ore Ltd (AU:LCY) has released an update.
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Legacy Iron Ore Ltd is currently navigating the suspension of its securities on the ASX as it works towards compliance with listing rules. In a bid to raise approximately $24.24 million, the company plans to launch an accelerated entitlement offer, with funds earmarked for key projects including the Mt Bevan iron ore project. The suspension is expected to stay until mid-November, aligning with the completion of the offer.
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