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 raised funds for its demonstration plant project. The plan closed recently, with a significant number of shares to be issued at a set price. The funds will help cover cost overruns and ensure timely completion of the plant's first phase. The company is on track to produce magnesium oxide by mid-April, following the commissioning of several stages of the process.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- Pause in Trading
- LMG Share Purchase Plan closing date extended
- Latrobe Magnesium completes $1.1M placement
- Share Purchase Plan Offer - Record Date Amended
- Share Purchase Plan Offer & Application Form
Later from Latrobe Magnesium
- Magnesium Oxide Production
- Latrobe Magnesium achieves world-first magnesium oxide production from fly ash
- LMG R&D ATO Rebate Announcement
- Response to ASX Aware Letter
- LMG secures firm commitments for transformation
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