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Lithium Australia Announces Cessation of Expired Options

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Lithium Australia Announces Cessation of Expired Options

Lithium Australia NL ( (AU:LIT) ) has provided an update.

Lithium Australia NL, operating under the ASX issuer code LIT, announced the cessation of 61,685,490 equity securities, specifically options expiring on 28 February 2025, due to their expiry without exercise or conversion. This cessation reflects a routine adjustment in the company’s issued capital, potentially impacting stakeholders by altering the company’s capital structure but not indicating any immediate operational changes.

More about Lithium Australia NL

Average Trading Volume: 28,673

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $12.26M

For an in-depth examination of LIT stock, go to TipRanks’ Stock Analysis page.

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