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The latest update is out from Lincoln Minerals Limited ( (AU:LML) ).
Lincoln Minerals Limited has announced a 1-for-7 renounceable entitlement issue to raise up to $1.5 million, with the funds aimed at advancing its critical minerals projects. The capital will support drilling at the Minbrie Copper and Base Metals Project and other initiatives across uranium, graphite, and magnetite projects. The entitlement issue is attractively priced and partially underwritten, offering shareholders the opportunity to trade entitlements and apply for additional shares and options.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is a company focused on the exploration and development of critical minerals projects, primarily located on South Australia’s Eyre Peninsula. The company is involved in various projects, including copper, base metals, uranium, graphite, and magnetite, aiming to enhance its portfolio through strategic exploration and development activities.
Technical Sentiment Signal: Sell
Current Market Cap: A$14.72M
See more data about LML stock on TipRanks’ Stock Analysis page.