Lowell Resources Fund (AU:LRT) has released an update.
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Lowell Resources Fund is offering a Security Purchase Plan (SPP) to allow eligible unitholders to buy up to $30,000 in units at a discounted price of $1.10 each, representing a 15% discount from the previous closing price. The funds from this offering will support the Fund’s long-standing investment focus on the junior mining and energy sectors. Participation is optional and open to shareholders in Australia and New Zealand until November 21, 2024.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.