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Lodestar Minerals Issues New Shares Following Option Conversion

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Lodestar Minerals Issues New Shares Following Option Conversion

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Lodestar Minerals ( (AU:LSR) ) has issued an update.

Lodestar Minerals Limited has announced the issuance of 137,275 fully paid ordinary shares following the conversion of options. This move, conducted without the need for disclosure under Part 6D.2 of the Corporations Act 2001, indicates the company’s compliance with relevant legislative provisions, potentially strengthening its financial position and providing more flexibility in its operations.

More about Lodestar Minerals

Lodestar Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is based in Fremantle, Western Australia, and is listed on the Australian Securities Exchange under the ticker LSR.

YTD Price Performance: 92.86%

Average Trading Volume: 4,253,072

Technical Sentiment Signal: Sell

Current Market Cap: A$25.76M

For a thorough assessment of LSR stock, go to TipRanks’ Stock Analysis page.

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