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The latest update is out from Lincoln Minerals Limited ( (AU:LML) ).
Lincoln Minerals Limited has announced a proposed issue of up to 3,725,000 ordinary fully paid shares via a placement or similar capital-raising mechanism, with an expected issue date of 7 January 2026. The move signals an intention to bolster the company’s capital base, potentially providing additional funding for its ongoing exploration and development activities and reinforcing its financial flexibility within the competitive resources sector, though specific use of proceeds was not disclosed.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is an Australian-listed resources company (ASX: LML), operating in the mining and exploration sector. The company focuses on discovering and developing mineral assets, with its ordinary fully paid shares traded on the Australian Securities Exchange.
Average Trading Volume: 9,105,800
Technical Sentiment Signal: Sell
Current Market Cap: A$28.5M
See more data about LML stock on TipRanks’ Stock Analysis page.