Lycaon Resources Ltd. (AU:LYN) has released an update.
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Lycaon Resources Ltd. has announced a new securities issuance, proposing the issue of over 8.9 million ordinary shares and approximately 1.3 million broker options exercisable at $0.42, with an expiration of three years from the date of issue. The proposed issue date is set for May 10, 2024. This move is expected to draw investor attention as the company expands its financial horizons.
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