tiprankstipranks
Trending News
More News >

Lodestar Minerals Announces Proposed Securities Issue to Support Growth

Story Highlights
Lodestar Minerals Announces Proposed Securities Issue to Support Growth

Don’t Miss TipRanks’ Half-Year Sale

An announcement from Lodestar Minerals ( (AU:LSR) ) is now available.

Lodestar Minerals Limited has announced a proposed issue of securities, with plans to issue 30 million options exercisable at $0.01, set to expire four years from the issue date. This strategic move is aimed at raising capital to support the company’s ongoing exploration and development initiatives, potentially enhancing its market position and providing opportunities for stakeholders to benefit from future growth.

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 developing mineral deposits, with a particular emphasis on expanding its portfolio of mining projects.

YTD Price Performance: -28.57%

Average Trading Volume: 3,509,740

Technical Sentiment Signal: Sell

Current Market Cap: A$1.91M

Find detailed analytics on LSR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1