Labyrinth Resources Limited (AU:LRL) has released an update.
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Labyrinth Resources Limited has announced a significant new stock issuance, proposing to issue a maximum of 666,671,900 fully paid ordinary shares. The offer is expected to be non-renounceable and is set to close on October 11, 2024, with an issue date of October 18, 2024. This move could indicate a strategic expansion or capital raising effort by the company.
For further insights into AU:LRL stock, check out TipRanks’ Stock Analysis page.
