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The latest announcement is out from Lord Resources Limited ( (AU:LRD) ).
Lord Resources Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $1.39 million, priced at $0.018 per new share. The funds will primarily support the maiden drill program at the Ilgarari Copper Project, with additional allocations for other exploration projects and working capital. This strategic move aims to strengthen the company’s operational capabilities and enhance its position in the mining sector.
More about Lord Resources Limited
Lord Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary market focus includes projects like the Ilgarari Copper Project.
Average Trading Volume: 123,038
Technical Sentiment Signal: Sell
Current Market Cap: A$1.7M
For an in-depth examination of LRD stock, go to TipRanks’ Stock Analysis page.