Lotus Resources Raises Funds Through Share Purchase Plan

Lotus Resources Limited (AU:LOT) has released an update.

Lotus Resources Limited has successfully concluded its Share Purchase Plan, raising approximately A$2.27 million through 174 valid applications. The new shares, priced at A$0.25 each, will begin trading on the ASX on November 22, 2024, aligning with a broader A$130 million placement strategy. This development marks a significant step in Lotus’s ongoing capital raising efforts.

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