Lincoln Minerals Limited (AU:LML) has released an update.
Lincoln Minerals Limited has announced an options prospectus offering up to 208,571,421 free attaching Options to eligible shareholders and Top-Up Placement participants, with an exercise price of $0.014 each, valid for two years. Additionally, 30 million Options are being offered to the Underwriter, all with no funds being raised through these offers. The company advises shareholders that the Options are speculative and recommends consultation with professional advisers.
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