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The latest update is out from Lodestar Minerals ( (AU:LSR) ).
Lodestar Minerals Limited has notified the market that it will issue 125 million unquoted options, each exercisable at A$0.045 on or before 31 January 2029. The new options, which form part of a previously announced transaction and are not intended to be quoted on the ASX, represent a significant potential source of future equity funding and may lead to shareholder dilution if exercised, underscoring the company’s ongoing capital management and financing strategy for its mineral exploration activities.
More about Lodestar Minerals
Lodestar Minerals Limited is an Australia-listed exploration and mining company focused on mineral resource development. Trading on the ASX under the code LSR, the company advances projects through stages of exploration and evaluation to unlock value in the resources sector.
YTD Price Performance: -7.14%
Average Trading Volume: 12,527,322
Technical Sentiment Signal: Sell
Current Market Cap: A$14.22M
See more data about LSR stock on TipRanks’ Stock Analysis page.