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Esports Mogul Limited ( (AU:LU7) ) has issued an announcement.
Lithium Universe Limited has announced the release of 225 million fully paid ordinary shares from voluntary escrow, effective August 13, 2025. This move is part of the company’s broader strategy to enhance its market position in the lithium and solar panel recycling industries. By focusing on building a lithium carbonate refinery in Québec and advancing solar panel recycling technology, LU7 is positioning itself as a key player in the North American lithium market and addressing critical environmental challenges. The release of shares is expected to provide the company with greater flexibility in executing its strategic initiatives and potentially attract new investors.
More about Esports Mogul Limited
Lithium Universe Limited is a forward-thinking company focused on closing the ‘Lithium Conversion Gap’ in North America and revolutionizing the photovoltaic solar panel recycling sector. The company aims to secure the future of green energy through two major strategic initiatives: developing a green, battery-grade lithium carbonate refinery in Québec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.
Average Trading Volume: 41,921,730
Technical Sentiment Signal: Sell
Current Market Cap: A$7.55M
For an in-depth examination of LU7 stock, go to TipRanks’ Overview page.