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Why Is Lanthanein Resources Raising $2.4M and Changing Its Name?

9:53am on Thursday 5th of June, 2025 AEST Mining
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Why Is Lanthanein Resources Raising $2.4M and Changing Its Name?

9:53am on Thursday 5th of June, 2025 AEST
Key Points
  • Placement to raise approximately $275,000 via 366.5 million shares
  • Fully underwritten non-renounceable rights issue targeting $2.1 million
  • Proposed company name change to Fortuna Metals Ltd and 30, 1 share consolidation
  • Inyati Capital Pty Ltd appointed as lead manager and underwriter with options incentives
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