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Lodestar Minerals Announces Proposed Securities Issue to Boost Exploration Efforts

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Lodestar Minerals Announces Proposed Securities Issue to Boost Exploration Efforts

Lodestar Minerals ( (AU:LSR) ) just unveiled an announcement.

Lodestar Minerals Limited announced a proposed issue of securities, including options exercisable at 1.7 cents and ordinary fully paid shares. This move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially strengthening its position in the mining sector and impacting stakeholders by enhancing its financial resources.

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 identifying and exploiting mineral deposits, with a market focus on expanding its resource base and enhancing shareholder value.

Technical Sentiment Signal: Buy

Current Market Cap: $1.59M

Learn more about LSR stock on TipRanks’ Stock Analysis page.

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