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Lodestar Minerals ( (AU:LSR) ) has shared an announcement.
Lodestar Minerals Limited has announced a $2.2 million capital raising initiative to further its exploration programs in Chile and explore additional opportunities in the region. The capital raising, managed by Oakley Capital Partners, will be conducted in two tranches and includes the issuance of shares and options to sophisticated investors. This move is seen as a pivotal step in Lodestar’s strategic growth, reflecting strong investor confidence and positioning the company for future development.
More about Lodestar Minerals
Lodestar Minerals Limited is a Western Australian gold exploration company. The company focuses on advancing exploration programs and assessing new opportunities, particularly in Chile.
YTD Price Performance: -28.57%
Average Trading Volume: 3,509,740
Technical Sentiment Signal: Sell
Current Market Cap: A$1.91M
For a thorough assessment of LSR stock, go to TipRanks’ Stock Analysis page.