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Lodestar Minerals ( (AU:LSR) ) just unveiled an update.
Lodestar Minerals Limited has announced a proposed bonus issue of securities, with a total of 24,753,017 options to be issued. These options are exercisable at $0.01 and will expire four years from the issue date. This move is part of the company’s strategy to strengthen its financial position and provide additional value to its stakeholders.
More about Lodestar Minerals
Lodestar Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of minerals, aiming to enhance its market position through strategic resource development.
YTD Price Performance: -28.57%
Average Trading Volume: 3,509,740
Technical Sentiment Signal: Sell
Current Market Cap: A$1.91M
For a thorough assessment of LSR stock, go to TipRanks’ Stock Analysis page.