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The latest announcement is out from Legacy Minerals Holdings Ltd. ( (AU:LGM) ).
Legacy Minerals Holdings Ltd. announced an update regarding the issuance of new securities, clarifying a previous error in their announcement. The company will issue 31,111,111 new shares under its existing placement capacity according to ASX Listing Rules 7.1 and 7.1A, without requiring security holder approval. This move reflects the company’s strategic use of its placement capacity to potentially enhance its capital structure and market position.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code LGM.
Average Trading Volume: 440,518
Technical Sentiment Signal: Buy
Current Market Cap: A$25.61M
Find detailed analytics on LGM stock on TipRanks’ Stock Analysis page.