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Lord Resources Completes Shortfall Offer to Fund Ilgarari Exploration

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Lord Resources Completes Shortfall Offer to Fund Ilgarari Exploration

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The latest update is out from Lord Resources Limited ( (AU:LRD) ).

Lord Resources Limited has successfully completed a Shortfall Offer, raising approximately $1.39 million to fund its exploration activities, including the upcoming drilling at the Ilgarari Copper Project. The completion of this capital raising effort positions the company to advance its exploration initiatives, with drilling expected to commence shortly, potentially enhancing its standing in the copper sector.

More about Lord Resources Limited

Lord Resources Limited is a company operating in the mining industry, focusing on exploration projects. Its primary focus is on high-grade copper exploration, particularly at the Ilgarari Copper Project in Western Australia.

Average Trading Volume: 195,377

Technical Sentiment Signal: Sell

Current Market Cap: A$2.51M

Learn more about LRD stock on TipRanks’ Stock Analysis page.

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