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Lodestar Minerals ( (AU:LSR) ) just unveiled an update.
Lodestar Minerals Limited has issued 1,133,319 fully paid ordinary shares to its directors, Ross Taylor and David McArthur, as part of a compensation arrangement approved by shareholders. This move, which involves issuing shares in lieu of 50% of quarterly salary cash payments, is a strategic financial decision that reflects the company’s compliance with relevant corporate regulations and its ongoing commitment to transparent financial practices.
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.
Average Trading Volume: 5,457,815
Technical Sentiment Signal: Sell
Current Market Cap: A$6.76M
See more data about LSR stock on TipRanks’ Stock Analysis page.