Results of Entitlement 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. The company received acceptances for a total of new shares, resulting in a significant shortfall. The underwriting agreement will ensure that the shortfall is fully subscribed, raising additional funds for the company. The new shares are expected to commence trading on the exchange shortly after the allotment date.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Latrobe Magnesium Limited on 6ix
Earlier from Latrobe Magnesium
- Prospectus
- LMG secures firm commitments for transformation
- Response to ASX Aware Letter
- LMG R&D ATO Rebate Announcement
- Latrobe Magnesium achieves world-first magnesium oxide production from fly ash
Later from Latrobe Magnesium
- LMG increases project finance facility by $3M
- Latrobe Magnesium secures $6.3M Funding for Operations
- Result of LMG share purchase plan
- Response to ASX Price Query
- LMG/ EPA Pilot License Extension
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