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Lord Resources Limited ( (AU:LRD) ) has issued an update.
Lord Resources Limited has announced a pro-rata non-renounceable entitlement issue to raise approximately $1,393,668. This offer is available to eligible shareholders in Australia and New Zealand, excluding those in the United States. The decision to limit the offer to these regions is due to the costs associated with legal and regulatory compliance in other jurisdictions compared to the small number of ineligible shareholders.
More about Lord Resources Limited
Lord Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker LRD.
Average Trading Volume: 159,837
Technical Sentiment Signal: Sell
Current Market Cap: A$1.78M
For an in-depth examination of LRD stock, go to TipRanks’ Stock Analysis page.