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Esports Mogul Limited ( (AU:LU7) ) has shared an announcement.
Lithium Universe Limited has completed a placement of 2,500,000 fully paid ordinary shares at $0.016 per share and 56,406,250 listed options (LU7OB) to sophisticated and professional investors, following an earlier announcement of the capital raising. The company has issued a cleansing notice confirming that the securities were issued without a disclosure document under the Corporations Act, while affirming its compliance with continuous disclosure and financial reporting obligations and stating that there is no excluded information requiring disclosure, thereby facilitating secondary trading of the new securities on the market.
The most recent analyst rating on (AU:LU7) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Esports Mogul Limited stock, see the AU:LU7 Stock Forecast page.
More about Esports Mogul Limited
Lithium Universe Limited is an Australia-based company focused on developing a future in the lithium sector, positioning itself within the broader battery minerals and clean energy supply chain. Listed on the ASX under the ticker LU7, the company targets investors interested in lithium-related opportunities tied to the energy transition.
Average Trading Volume: 5,761,102
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$17.75M
For detailed information about LU7 stock, go to TipRanks’ Stock Analysis page.