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Lodestar Minerals Issues 17 Million Shares in Strategic Placement

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

Lodestar Minerals Limited announced the issuance of 17,000,000 fully paid ordinary shares as part of Tranche 1 of its placement, initially disclosed on January 30, 2025. This move, conducted without investor disclosure under specific provisions of the Corporations Act, reaffirms Lodestar’s compliance with relevant legislative requirements, potentially strengthening its operational and market positioning.

More about Lodestar Minerals

Lodestar Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary activities involve identifying and advancing mineral deposits, with a market focus on expanding their asset portfolio in strategic locations.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.34M

For detailed information about LSR stock, go to TipRanks’ Stock Analysis page.

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