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Lincoln Minerals Limited ( (AU:LML) ) has shared an announcement.
Lincoln Minerals Limited has announced a Follow-on Placement due to excess demand, issuing an additional 150 million New Shares and 75 million New Options to raise $750,000. This move aims to remove trading restrictions and provide funds for exploration projects and working capital, enhancing the company’s operational capacity and market positioning.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. Its primary projects include copper, base metals, uranium, graphite, and iron magnetite, with a significant emphasis on exploration activities across its various project sites.
Average Trading Volume: 6,697,339
Technical Sentiment Signal: Sell
Current Market Cap: A$21.88M
See more data about LML stock on TipRanks’ Stock Analysis page.