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Lodestar Minerals ( (AU:LSR) ) has shared an update.
Lodestar Minerals has reported the results of its 11 March 2026 general meeting, confirming that all resolutions put to shareholders were passed by poll in accordance with the Corporations Act and ASX listing rules. Shareholders lodged proxies representing 113,449,048 shares, signalling strong engagement in the company’s governance processes.
A key outcome was shareholder approval to issue shares to Globex Nevada, enabling Lodestar to proceed with issuing an anticipated 13,118,264 fully paid ordinary shares under the existing agreement. The successful approval of this equity issuance supports the company’s capital management plans and may influence its ownership structure and funding flexibility for future exploration activities.
The most recent analyst rating on (AU:LSR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Lodestar Minerals stock, see the AU:LSR Stock Forecast page.
More about Lodestar Minerals
Lodestar Minerals Limited is an Australia-based mineral exploration company listed on the ASX under the ticker LSR. The company focuses on identifying and advancing mineral resource projects, positioning itself within the broader Australian resources and mining exploration sector.
YTD Price Performance: -8.33%
Average Trading Volume: 10,498,835
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.65M
Find detailed analytics on LSR stock on TipRanks’ Stock Analysis page.