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Leeuwin Metals Ltd ( (AU:LM1) ) has issued an announcement.
Leeuwin Metals Ltd has successfully raised $1.55 million through the issuance of 15,839,585 fully paid ordinary shares at A$0.098 each to institutional and sophisticated investors. This capital raise, under the first tranche of their recent placement, is part of the company’s ongoing efforts to secure funding for its operations, potentially strengthening its financial position and enhancing its market presence.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating within the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker LM1.
YTD Price Performance: -14.29%
Average Trading Volume: 90,520
Technical Sentiment Consensus Rating: Hold
Learn more about LM1 stock on TipRanks’ Stock Analysis page.
