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Lotus Resources Director Increases Stake with New Share Acquisition

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Lotus Resources Director Increases Stake with New Share Acquisition

Lotus Resources Limited ( (AU:LOT) ) has provided an announcement.

Lotus Resources Limited has announced a change in the director’s interest, with Gregory Bittar acquiring 250,000 ordinary fully paid shares indirectly through Gernie Invts Pty Ltd. This acquisition, valued at $39,666.11, signifies a strategic move that may strengthen the director’s influence within the company and potentially impact its governance and decision-making processes.

More about Lotus Resources Limited

Lotus Resources Limited operates in the mining industry, focusing primarily on the exploration and development of uranium projects. The company is committed to advancing its key assets to meet the growing demand for uranium, driven by the global shift towards clean energy solutions.

YTD Price Performance: -10.0%

Average Trading Volume: 10,583,688

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$413.5M

See more insights into LOT stock on TipRanks’ Stock Analysis page.

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