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Legacy Minerals Issues New Shares Following Option Exercise

Story Highlights
  • Legacy Minerals issued 230,400 new ordinary shares after option exercises at A$0.205.
  • The company used disclosure exemptions while confirming ongoing compliance and no undisclosed information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Minerals Issues New Shares Following Option Exercise

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An announcement from Legacy Minerals Holdings Ltd. ( (AU:LGM) ) is now available.

Legacy Minerals Holdings Limited has issued 230,400 new fully paid ordinary shares following the exercise of an equivalent number of listed options (ASX: LGMO) at an exercise price of A$0.205 per share on 5 January 2026. The company confirmed that these shares were issued without a prospectus under the disclosure exemptions of the Corporations Act, and stated it remains compliant with its continuous disclosure and financial reporting obligations, signalling routine capital management activity without any undisclosed price-sensitive information for investors.

The most recent analyst rating on (AU:LGM) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Legacy Minerals Holdings Ltd. stock, see the AU:LGM Stock Forecast page.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Limited is an ASX-listed resources company (ASX: LGM) operating in the minerals exploration and mining sector in Australia. The company is focused on advancing its mineral projects and raising capital through equity and listed options on the Australian Securities Exchange.

Average Trading Volume: 418,174

Technical Sentiment Signal: Sell

Current Market Cap: A$34.49M

See more insights into LGM stock on TipRanks’ Stock Analysis page.

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