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Lord Resources Limited ( (AU:LRD) ) has issued an announcement.
Lord Resources Limited has announced a pro-rata non-renounceable entitlement issue to raise approximately $1,393,668. The funds will be used to accelerate exploration projects, cover the costs of the offer, and provide working capital. Eligible shareholders, primarily those in Australia and New Zealand, can participate in the offer, which closes on 23 June 2025. This initiative is expected to enhance the company’s exploration capabilities and strengthen its financial position.
More about Lord Resources Limited
Lord Resources Limited is a company operating in the resources industry, focusing on exploration projects. The company is listed on the Australian Securities Exchange (ASX) under the ticker LRD and is primarily involved in the exploration and development of mineral resources.
Average Trading Volume: 159,837
Technical Sentiment Signal: Sell
Current Market Cap: A$1.78M
See more data about LRD stock on TipRanks’ Stock Analysis page.