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Lithium Universe Limited Announces New Capital Raising Initiative

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Lithium Universe Limited Announces New Capital Raising Initiative

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The latest update is out from Esports Mogul Limited ( (AU:LU7) ).

Lithium Universe Limited has released a prospectus detailing an offer for up to 275 million Tranche 2 Placement Shares at $0.004 each, along with 137.5 million New Options attached to these shares on a one-for-two basis. This initiative, which also includes options for Tranche 1 Placement Shares and a Broker Offer, is aimed at raising capital for the company. The securities offered are considered highly speculative, and the prospectus emphasizes the need for investors to seek professional advice before investing. The document highlights the company’s continuous disclosure obligations and advises potential investors to consider publicly available information about the company.

More about Esports Mogul Limited

Average Trading Volume: 41,921,730

Technical Sentiment Signal: Sell

Current Market Cap: A$6.07M

For detailed information about LU7 stock, go to TipRanks’ Stock Analysis page.

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