Frontier Resources Limited (AU:LNR) has released an update.
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Lanthanein Resources Ltd has announced a new securities issue, proposing the issuance of up to 73,309,083 options exercisable at $0.00675 and 488,727,225 ordinary shares, set to occur on May 15, 2024. This move by the resources company represents a significant increase in potential capital and could interest investors looking for new opportunities in the market.
For further insights into AU:LNR stock, check out TipRanks’ Stock Analysis page.
