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Lightning Minerals Ltd Issues Over 15 Million Shares Under Regulatory Exemption

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Lightning Minerals Ltd Issues Over 15 Million Shares Under Regulatory Exemption

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Lightning Minerals Ltd. ( (AU:L1M) ) has provided an update.

Lightning Minerals Ltd has announced the issuance of 15,499,248 ordinary shares, which are exempt from on-sale restrictions under Section 708A (5) of the Corporations Act 2001. This move allows the company to offer these shares without disclosure to investors, aligning with regulatory compliance and potentially enhancing its market liquidity.

More about Lightning Minerals Ltd.

Average Trading Volume: 203,499

Technical Sentiment Signal: Sell

See more insights into L1M stock on TipRanks’ Stock Analysis page.

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