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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.