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The latest update is out from Latrobe Magnesium Limited ( (AU:LMG) ).
Latrobe Magnesium Limited announced the results of its recent Entitlement Offer, raising approximately $4 million. The offer resulted in a shortfall, which will be covered by the underwriter, Shaw and Partners. The new shares are scheduled to commence trading on the ASX on 12 November 2025, with settlement and allotment processes outlined for the coming days.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited operates in the magnesium industry, focusing on the production and supply of magnesium products. The company is listed on the Australian Securities Exchange (ASX) under the code LMG.
Average Trading Volume: 6,990,725
Technical Sentiment Signal: Hold
Current Market Cap: A$98.31M
For detailed information about LMG stock, go to TipRanks’ Stock Analysis page.