Non-renounceable Entitlement Offer - Offer Shortfall
Filed with ASX · · 1 page · English
Summary by 6ix AI
Latrobe Magnesium Limited has announced the results of its non-renounceable entitlement offer, which closed recently, reporting a significant shortfall in new shares issued. The company received acceptances for a total number of new shares, resulting in a shortfall that will be covered by the underwriter as per their agreement. Total funds raised from the offer, including the underwriting, are expected to be substantial, and the new shares are set to commence trading shortly.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Story so far
Earlier from Latrobe Magnesium
- Entitlement Offer Document Offer booklet (708AA)
- EXIM issues a letter of interest
- LMG secures firm commitments for a $10M equity raising
- Trading Halt
- Operational update production of magnesium oxide commenced
Later from Latrobe Magnesium
- Latrobe Magnesium Limited to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
- LMG received 2025 R&D $6.29M rebate from ATO
- LMG's 2025 research & development $6.29M rebate received from ato
- Quarterly Activities/Appendix 5B Cash Flow Report
- Latrobe Magnesium Achieves Continuous MgO Production
Follow Latrobe Magnesium into a list and get an email when it puts out news.
Follow Latrobe Magnesium