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Lindian Resources Issues New Shares Following Option Conversion

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Lindian Resources Issues New Shares Following Option Conversion

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Lindian Resources Limited ( (AU:LIN) ) has issued an announcement.

Lindian Resources Limited announced the issuance of 419,048 fully paid ordinary shares following the conversion of options exercisable at $0.30 before December 9, 2025. This move complies with the Corporations Act 2001, and the company confirmed that there is no excluded information that needs disclosure, ensuring transparency and maintaining investor confidence.

The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.

More about Lindian Resources Limited

Lindian Resources Limited is a company in the mining industry, primarily focused on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker LIN.

Average Trading Volume: 10,470,607

Technical Sentiment Signal: Buy

Current Market Cap: A$550.2M

For detailed information about LIN stock, go to TipRanks’ Stock Analysis page.

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