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Lord Resources Limited ( (AU:LRD) ) has provided an update.
Lord Resources Limited has announced a non-renounceable rights issue to raise approximately $1.39 million by offering one new fully paid ordinary share for every existing share at $0.018 per share. This offer is available to eligible shareholders in Australia and New Zealand and is set to close on June 23, 2025. The move aims to strengthen the company’s financial position and support its ongoing operations.
More about Lord Resources Limited
Lord Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker LRD and is based in West Perth, Western Australia.
Average Trading Volume: 159,837
Technical Sentiment Signal: Sell
Current Market Cap: A$1.78M
See more insights into LRD stock on TipRanks’ Stock Analysis page.