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An update from Lightning Minerals Ltd. ( (AU:L1M) ) is now available.
Lightning Minerals Ltd has announced the issuance of 35,875,000 ordinary shares. The company has ensured that the sale of these securities falls under the exemption provided by Section 708A (5) of the Corporations Act 2001, allowing for their on-sale without disclosure. This move indicates compliance with relevant legal provisions and suggests a strategic effort to manage the company’s securities effectively.
More about Lightning Minerals Ltd.
Average Trading Volume: 516,270
Technical Sentiment Signal: Sell
For a thorough assessment of L1M stock, go to TipRanks’ Stock Analysis page.