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An announcement from Lodestar Minerals ( (AU:LSR) ) is now available.
Lodestar Minerals Limited has announced the issuance of 10,538,688 fully paid ordinary shares following the conversion of options. This move, conducted without the need for investor disclosure under certain provisions of the Corporations Act 2001, signifies the company’s compliance with relevant legislative requirements and could potentially enhance its capital structure. The announcement reflects Lodestar’s ongoing efforts to strengthen its financial position and maintain transparency with 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 based in Fremantle, Western Australia, and is listed on the Australian Securities Exchange under the ticker LSR.
YTD Price Performance: 78.57%
Average Trading Volume: 9,116,675
Technical Sentiment Signal: Sell
Current Market Cap: A$23.03M
Learn more about LSR stock on TipRanks’ Stock Analysis page.