tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Legacy Minerals Issues New Shares Following Option Exercises

Story Highlights
  • Legacy Minerals issued 185,833 new shares after listed options were exercised at A$0.205.
  • The company confirmed Corporations Act compliance, using secondary trading provisions for the share issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Minerals Issues New Shares Following Option Exercises

Claim 70% Off TipRanks This Holiday Season

Legacy Minerals Holdings Ltd. ( (AU:LGM) ) just unveiled an update.

Legacy Minerals Holdings Limited has issued 185,833 new fully paid ordinary shares following the exercise of listed options (ASX: LGMO) at an exercise and issue price of A$0.205 per share in two tranches on 17 and 22 December 2025. The company has confirmed that these shares were issued without a prospectus under the Corporations Act’s secondary trading provisions and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling routine capital management with limited immediate impact on existing shareholders beyond minor dilution.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Limited (ASX: LGM) is an Australian-listed resources company operating in the mining and exploration sector, with its securities, including listed options (ASX: LGMO), traded on the Australian Securities Exchange.

Average Trading Volume: 495,896

Technical Sentiment Signal: Sell

Current Market Cap: A$31.93M

See more data about LGM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1