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Lotus Resources Limited ( (AU:LOT) ) has shared an update.
Lotus Resources Limited has announced a new securities purchase plan, under which it proposes to issue up to 2,325,581 ordinary fully paid shares to eligible shareholders. The offer, which has a record date of 4 February 2026 and is scheduled to close on 2 March 2026 with an expected issue date of 9 March 2026, is intended to raise additional equity capital, potentially strengthening the company’s balance sheet and providing funding flexibility for its ongoing resource-focused initiatives.
The most recent analyst rating on (AU:LOT) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Lotus Resources Limited stock, see the AU:LOT Stock Forecast page.
More about Lotus Resources Limited
Lotus Resources Limited, listed on the ASX under the code LOT, is an Australian public company that issues ordinary fully paid shares and operates within the broader resources sector. The company accesses equity capital markets via listed securities to support its corporate and operational activities.
Average Trading Volume: 1,437,621
Technical Sentiment Signal: Buy
Current Market Cap: A$633.4M
See more insights into LOT stock on TipRanks’ Stock Analysis page.