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Lincoln Minerals Limited ( (AU:LML) ) has shared an update.
Lincoln Minerals Limited has issued 13,078,274 fully paid ordinary shares following shareholder approval at the 2025 Annual General Meeting. This share issuance, priced at $0.005 per share, was conducted without disclosure to investors under the Corporations Act, indicating a strategic move to raise capital and potentially enhance its market position.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is a company listed on the Australian Securities Exchange (ASX:LML) that operates in the minerals industry. The company focuses on the exploration and development of mineral resources, primarily in South Australia.
Average Trading Volume: 11,083,244
Technical Sentiment Signal: Sell
Current Market Cap: A$20.73M
See more insights into LML stock on TipRanks’ Stock Analysis page.