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Lithium Australia NL ( (AU:LIT) ) just unveiled an announcement.
Livium Ltd, under the ASX issuer code LIT, has announced a proposed issue of securities, including 482 million options expiring in April 2028 and 360 million fully paid ordinary shares. This move, set for October 23, 2025, is aimed at raising capital through a placement or other types of issues, potentially impacting the company’s market positioning and stakeholder interests by increasing its financial resources.
More about Lithium Australia NL
Average Trading Volume: 5,232,029
Technical Sentiment Signal: Sell
Current Market Cap: A$25.53M
For a thorough assessment of LIT stock, go to TipRanks’ Stock Analysis page.