Lodestar Minerals Limited (AU:LSR) has released an update.
Lodestar Minerals Limited has announced a pro-rata non-renounceable entitlement issue, offering two new shares for every three held at $0.001 each, aiming to raise up to $1,348,931. The offer includes a free option with every two shares applied for, though the company cautions that the securities should be considered highly speculative. This replacement prospectus, dated 6 June 2024, supersedes the previous one from 4 June 2024, with amendments including a reduced issue price and a modified entitlement ratio.
For further insights into AU:LSR stock, check out TipRanks’ Stock Analysis page.
