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Lodestar Minerals ( (AU:LSR) ) has shared an announcement.
Lodestar Minerals has applied to the ASX for quotation of 2,202,478 new ordinary fully paid shares, following the issue of these securities on April 30, 2026. The additional shares, arising from the exercise or conversion of existing options or other convertible securities, will modestly expand the company’s listed capital base and may provide incremental funding flexibility for its exploration activities.
The move signals continued shareholder engagement with Lodestar’s equity instruments and supports the company’s ability to access capital markets as it advances its projects. While the scale of the issuance is relatively small, it reflects ongoing corporate activity that could incrementally influence liquidity in LSR’s stock and the ownership mix among existing and new investors.
More about Lodestar Minerals
Lodestar Minerals Limited is an Australian-listed resources company operating in the mining and exploration industry. The company focuses on discovering and developing mineral assets, with its ordinary fully paid shares traded on the ASX under the ticker code LSR.
YTD Price Performance: 133.33%
Average Trading Volume: 27,797,149
Technical Sentiment Signal: Sell
Current Market Cap: A$32.57M
For a thorough assessment of LSR stock, go to TipRanks’ Stock Analysis page.