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Legacy Minerals Raises A$7.75 Million in Successful Share Placement

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Legacy Minerals Raises A$7.75 Million in Successful Share Placement

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

Legacy Minerals Holdings Ltd. announced the successful completion of a placement, raising A$7.75 million through the issuance of 31,111,111 ordinary fully paid shares at A$0.18 each. This capital raise is part of the company’s strategy to enhance its financial position and support its ongoing exploration and development activities, potentially strengthening its industry positioning and providing value to its stakeholders.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of precious and base metals, with a market focus on expanding its mineral resource base.

Average Trading Volume: 517,808

Technical Sentiment Signal: Buy

Current Market Cap: A$30.43M

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

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