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Litchfield Minerals Ltd. ( (AU:LMS) ) has shared an update.
Litchfield Minerals Limited has successfully completed its Securities Purchase Plan (SPP), raising $0.6 million, following a $0.5 million placement in August 2025. The funds will be used for exploration activities at Oonagalabi and Lucy Creek, with a focus on expanding operations and conducting a VTEM survey. The announcement highlights the ongoing support from retail shareholders and the company’s commitment to advancing its exploration projects.
More about Litchfield Minerals Ltd.
Litchfield Minerals is a critical mineral explorer based in the Northern Territory of Australia, focusing on base metals and uranium. The company is committed to pioneering copper exploration with innovative and sustainable solutions, aiming to minimize environmental impact while delivering value to investors and communities.
Average Trading Volume: 55,927
Technical Sentiment Signal: Strong Sell
Learn more about LMS stock on TipRanks’ Stock Analysis page.