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Lord Resources Limited ( (AU:LRD) ) has issued an update.
Lord Resources Limited has announced the issuance of 150,000 fully paid ordinary shares following the exercise of Performance Rights. This move, executed without investor disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and indicates no excluded information is present. The issuance of these shares may impact the company’s market position by potentially enhancing its capital structure and operational capabilities.
More about Lord Resources Limited
Lord Resources Ltd (ASX: LRD) is an exploration company with a highly prospective portfolio of future facing metals located within Western Australia, including projects providing exposure to copper, gold, and lithium.
Average Trading Volume: 174,420
Technical Sentiment Signal: Sell
Current Market Cap: A$2.63M
For a thorough assessment of LRD stock, go to TipRanks’ Stock Analysis page.