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Patagonia Lithium Ltd Issues 12.5 Million Shares to Strengthen Capital Structure

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Patagonia Lithium Ltd Issues 12.5 Million Shares to Strengthen Capital Structure

An update from Patagonia Lithium Limited ( (AU:PL3) ) is now available.

Patagonia Lithium Ltd has issued 12.5 million shares through a placement, as announced on March 18, 2025. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with its regular reporting and disclosure obligations. The move is part of the company’s ongoing efforts to enhance its capital structure, potentially impacting its market positioning and stakeholder interests.

More about Patagonia Lithium Limited

Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on the exploration and development of lithium resources. The company is based in Melbourne, Australia, and is publicly traded on the Australian Securities Exchange under the ticker PL3.

YTD Price Performance: -11.90%

Average Trading Volume: 182,310

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$7.91M

See more insights into PL3 stock on TipRanks’ Stock Analysis page.

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