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The latest announcement is out from Lithium Australia NL ( (AU:LIT) ).
Livium Ltd, trading on the ASX under the code LIT, has issued a Target Market Determination (TMD) for options to acquire fully paid ordinary shares in the company. The options, exercisable at $0.02 and expiring on April 28, 2028, are offered under a prospectus dated November 25, 2025. This initiative is part of a broader share placement strategy aimed at raising approximately $4.5 million. The TMD is designed to help investors understand the suitability of these options, targeting eligible participants and exempt investors. The company plans to seek quotation of the options in accordance with listing rules, which could enhance market liquidity and investor engagement.
More about Lithium Australia NL
Average Trading Volume: 6,580,479
Technical Sentiment Signal: Sell
Current Market Cap: A$22.71M
See more insights into LIT stock on TipRanks’ Stock Analysis page.