Lodestar Minerals Limited (ASX:LSR) Agrees to Issue Further Securities
Placement Details
Lodestar Minerals Limited (ASX:LSR) has received a further application for $22,500, increasing the total placement to $542,500. The shares are issued at $0.011 per share.
Issuance Terms
The issuance includes a one-for-two free attaching option exercisable at $0.017 on or before 31 March 2027, resulting in 2,045,455 fully paid ordinary shares and 1,022,727 options. The further application is subject to shareholder approval at an upcoming general meeting.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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