Legacy Iron Ore Ltd (AU:LCY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Legacy Iron Ore Ltd has successfully completed the institutional component of its Accelerated Non-Renounceable Entitlement Offer, raising A$22.15 million. The retail portion, aiming to gather an additional A$2.09 million, is set to open soon, offering shareholders a chance to expand their investment. This move reflects strong support from major shareholders and aims to bolster the company’s financial standing.
For further insights into AU:LCY stock, check out TipRanks’ Stock Analysis page.