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Lodestar Minerals ( (AU:LSR) ) has provided an announcement.
Lodestar Minerals Limited has announced an update to a previous announcement regarding a proposed issue of securities, which includes a bonus issue. This update is required to be lodged within seven days of the prospectus as per the Corporations Act, with adjustments made to the ratio and estimated timetable. This move is part of the company’s strategy to enhance its financial standing and potentially improve its 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 is primarily engaged in discovering and advancing mineral projects, potentially contributing to the supply of essential minerals in the market.
YTD Price Performance: 21.43%
Average Trading Volume: 5,383,556
Technical Sentiment Signal: Sell
Current Market Cap: A$6.78M
See more insights into LSR stock on TipRanks’ Stock Analysis page.