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Lotus Resources Announces Director Departure

Story Highlights

Lotus Resources Limited ( (AU:LOT) ) has issued an update.

Lotus Resources Limited announced the cessation of Mark Hanlon as a director, effective May 1, 2025. Hanlon held 2,000,000 fully paid ordinary shares and 2,000,000 options in the company, with additional interests held through Buprestid Pty Ltd. This change in the board may impact the company’s strategic direction and stakeholder interests.

More about Lotus Resources Limited

Lotus Resources Limited operates in the resources industry, focusing on the exploration and development of uranium projects. The company is primarily engaged in the mining sector, aiming to supply uranium for global energy needs.

YTD Price Performance: -17.50%

Average Trading Volume: 11,381,645

Technical Sentiment Signal: Buy

Current Market Cap: A$389.8M

For detailed information about LOT stock, go to TipRanks’ Stock Analysis page.

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