Result of LMG share purchase plan
Filed with ASX · · 1 page · English
Summary by 6ix AI
Latrobe Magnesium Limited has announced the results of its Share Purchase Plan, which was oversubscribed and raised significant funds for the company. A total of shares will be issued, exceeding the initial offer, and the funds will support working capital for magnesium oxide production and the operation of the Demonstration Plant. The new shares are set to be issued shortly, and the company expressed gratitude to shareholders for their support in developing sustainable magnesium production.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- Latrobe Magnesium secures $6.3M Funding for Operations
- LMG increases project finance facility by $3M
- Results of Entitlement Offer - Shortfall
- Prospectus
- LMG secures firm commitments for transformation
Later from Latrobe Magnesium
- Response to ASX Price Query
- LMG/ EPA Pilot License Extension
- LMG EPA Pilot Project License Approval
- Latrobe Magnesium Demonstration Plant Start-up
- Operational update production of magnesium oxide commenced
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