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Lincoln Minerals Limited ( (AU:LML) ) just unveiled an update.
Lincoln Minerals Limited has successfully closed its entitlement issue, raising $1.5 million, and secured an additional $750,000 through a follow-on placement due to strong demand from investors. The funds will be used to advance several of Lincoln’s critical mineral projects, including the Minbrie Copper & Base Metals Project, Kookaburra Graphite Project, and Green Iron Magnetite Project, as well as ongoing uranium fieldwork, positioning the company well for future growth.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is an Australian company engaged in the exploration and development of critical minerals. The company focuses on projects involving copper, base metals, graphite, iron, and uranium, with a significant emphasis on the Minbrie Copper and Base Metals Project in South Australia.
Average Trading Volume: 12,878,680
Technical Sentiment Signal: Sell
Current Market Cap: A$21.88M
For a thorough assessment of LML stock, go to TipRanks’ Stock Analysis page.