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Why Is Lanthanein Raising $2.1M Ahead of Its Rebranding to Fortuna Metals?

8:36am on Friday 4th of July, 2025 AEST Mining
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Why Is Lanthanein Raising $2.1M Ahead of Its Rebranding to Fortuna Metals?

8:36am on Friday 4th of July, 2025 AEST
Key Points
  • Fully underwritten pro-rata entitlement offer to raise $2.1 million
  • Proposed 30, 1 share consolidation and company name change to Fortuna Metals Ltd
  • Secondary offers of new options to directors, underwriter, and lead manager subject to shareholder approval
  • Offer dilutes non-participating shareholders by around 50%
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