Lowell Resources Fund (AU:LRT) has released an update.
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Lowell Resources Fund plans to issue a significant number of fully paid ordinary units, with a total of 1,818,182 units available through a securities purchase plan and an additional 5,188,265 units through a placement. This move, set to take place in late October and November 2024, presents an opportunity for investors to participate in the fund’s growth strategy. The offer is aimed at attracting new investors and expanding the fund’s capital base.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.