Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,761.30
(0.05%)
Copper
4.38
(0.08%)
Oil
72.24
2.48%
Bitcoin
67,652.06
0.44%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
(0.02%)
Hang Seng
20,498.95
0.32%

Labyrinth Resources (ASX: $LRL) raises A$1.582 million from entitlement offer

Labyrinth Resources raises capital for exploration


Labyrinth Resources (ASX:LRL) has successfully raised approximately A$1.582 million from a non-renounceable entitlement offer. The offer involved issuing new shares to eligible shareholders, supporting exploration in Western Australia and Quebec, Canada.

Overview and future outlook for Labyrinth Resources


Labyrinth Resources (ASX:LRL) completed an entitlement offer, raising A$1.582 million to fund exploration at Comet Vale and Vivien gold projects in Western Australia, and the Labyrinth Gold Project in Quebec. The offer set a share price of A$0.003, issuing over 527 million new shares with trading to commence in mid-October 2024. A shortfall of 140 million shares remains, available for allocation within three months. The board thanked shareholders for their participation, aiming to bolster exploration and operational activities.

Executive commentary on capital raising


The board of Labyrinth Resources expresses gratitude to shareholders for their support during the entitlement offer.

LABYRINTH RESOURCES LIMITED
LRL | ASX | Materials
0.0240(+0%)
At close 21/10 (AEDT)
Market cap
$106.6M
Volume
12,363,021
DY Yield
PE Ratio
52 Week Range
0.004 - 0.025
1YR Return
N / A

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