An update from Legacy Minerals Holdings Ltd. ( (AU:LGM) ) is now available.
Legacy Minerals Holdings Ltd. has successfully raised A$3.0 million through a capital raising initiative, issuing 366,660 ordinary shares at A$0.15 each. This financial move supports the company’s ongoing exploration activities across its nine projects in New South Wales, including the Bauloora, Thomson, and Drake projects, where drilling assays are expected to be reported in April 2025. These developments are crucial for Legacy Minerals’ strategic positioning in the mining industry, potentially enhancing shareholder value and advancing their exploration objectives.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. is an ASX-listed company engaged in the acquisition and exploration of gold, copper, and base-metal projects in New South Wales, Australia. Since 2017, it has developed nine projects with significant discovery potential, focusing on epithermal systems, porphyry copper-gold prospects, and intrusion-related gold and copper systems.
YTD Price Performance: 28.57%
Average Trading Volume: 117,187
Technical Sentiment Signal: Sell
Current Market Cap: A$22.48M
Learn more about LGM stock on TipRanks’ Stock Analysis page.